 Corporate and institutional control over the dissemination of price sensitive informationJohn Holland The European Journal of Finance, 1996, vol. 2, issue 1, 77-102 Abstract: This article explores how companies and financial institutions used their private relationship channels and contacts to encourage compliance with the 1994 UK Stock Exchange guidance on the dissemination of price sensitive information to the stock market. Extensive case data is used to identify and illustrate this private self regulation process. The companies and institutions developed 'mirror image' themes in their approaches to self regulating the corporate release and institutional receipt of price sensitive information. Both parties conducted this self regulation within their regular contacts and links and as part of their strategic decision processes. These matching self regulatory themes provide a simple typology which reveals the spectrum of possible responses across the corporate and institutional cases. The self regulatory process is interpreted within finance theory and within institutional organizational theory. Finally, the paper examines how the self regulatory mechanism contrasts with and interacts with the more explicit and well known market and legal mechanisms. Keywords: Price; Sensitive; Information; Self; Regulation; Relationships (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:eurjfi:v:2:y:1996:i:1:p:77-102 Ordering information: This journal article can be ordered from Access Statistics for this article The European Journal of Finance is currently edited by Chris Adcock More articles in The European Journal of Finance from Taylor & Francis Journals |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.