P/F/360. Dissertation. Impacts of insider trading on stock market

The dissertation aims to investigate the informative traits of insider trading providing a review of literature on the efficient market hypothesis (EMH), market anomalies, information asymmetry between insiders and the market, the benefits and flaws of insider transactions, current UK regulations and their implications, etc. Insider trading within the London stock exchange is studied using statistical methods of analysis. Conclusions are made about the behaviour of stock returns around directors announcements of their inside transaction, and the controversy of the insider trading profitability.