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sanction is not unambiguous. In this paper we examine the impact of the introduction of criminal sanctions in New Zealand …
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following the introduction of criminal sanctions in a developed market. Significant changes in sanction regimes are rare …
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, Congress enacted the Insider Trading Sanction Act which significantly increased the penalties for violating the securities laws …
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non-price measure of investment opportunities. These findings suggest that extant measures of price efficiency should be … rethought when evaluating real efficiency …
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