Analysis on Psychological Factors Impacting Insider Trading
- DOI
- 10.2991/assehr.k.210407.044How to use a DOI?
- Keywords
- Insider trading, Operant conditioning theory, Conformity, Ethical
- Abstract
Insider trading is one of the most representative commercial deception. Although insider trading is unethical and illegal, it still happens frequently in the U.S., even around the world. There are many studies focusing on the relationship between insider trading and moral problems, but there is lack of evaluation and analysis about the psychological and sociological reasons that cause the insider trading. This research devoted to evaluating the relationship between psychological factors and insider trading by analyzing the real cases, including Samuel Waksal Case, Yoshiaki Murakami Case, and Richard Burr Case. The propose for this study is to find the reason why people like to do insider trading under some psychological and sociological theories. The author focuses on using operant conditioning theory, conformity theory and some ethical theories to discuss the influencing factors of insider trading.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zijing Yao PY - 2021 DA - 2021/04/08 TI - Analysis on Psychological Factors Impacting Insider Trading BT - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021) PB - Atlantis Press SP - 216 EP - 221 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.210407.044 DO - 10.2991/assehr.k.210407.044 ID - Yao2021 ER -