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Insider trading has been understood to the act of dealing in unpublished price sensitive information and it is seen to go against the principle of equal access to information. This work made an unfair appraisal of the concept of insider trading in Nigeria in the course of the work. The origin of inside trading regulation was examined and a cursory literature review of the concept of insider trading was made. in the courses of examine the overview of this concept, the argument both for and against the prohibition of insider trading was made. This study paid primary attention to the prohibition of regulation of this concept in Nigeria from its conception to date. A look was taken at the regulation of the concept in some other jurisdiction and finally some recommendations were made.
1.1 Introduction
In this section, Critical Appraisal of the Concept of Insider Trading Under Nigerian Company Law is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.
This chapter focuses on the review of related literature. A literature review presents current knowledge, as well as theoretical and methodological contributions, related to Critical Appraisal of the Concept of Insider Trading Under Nigerian Company Law. It documents the state of the art on the subject under study and provides a comprehensive survey of existing literature. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …
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