Price Sensitive information and self regulation by UK companies and financial institutions - part II

Holland, J. (1995) Price Sensitive information and self regulation by UK companies and financial institutions - part II. Journal of Financial Regulation and Compliance, 3(4), pp. 329-343. (doi: 10.1108/eb024855)

Abstract

This paper, which is published in two parts, is concerned with ‘behind the scenes’ self-regulation by companies and financial institutions (FIs) relative to the guidelines on ‘Dissemination of price sensitive information’ outlined in a Stock Exchange (SE) report in February 1994. This paper therefore, investigates a private form of self-regulation outside the more public form overseen by the Securities and Investments Board (SIB). The common focal points for these private self-regulation processes are close cooperative relationships between FIs and a large proportion of their portfolio companies. In Part I, published in the previous issue of the Journal of Financial Regulation and Compliance, these relationships were employed as a common base around which to illustrate self-regulatory processes at the level of individual companies. Part II looks at self-regulation by UK FIs and the connections between the legal, self-regulatory and social control mechanisms are explored and new directions for research and regulation proposed.

• Item Type: Articles
• Status: Published
• Refereed: Yes
• Glasgow Author(s) Enlighten ID: Holland, Professor John
• Authors: Holland, J.
• College/School: College of Social Sciences > Adam Smith Business School > Accounting and Finance
• Journal Name: Journal of Financial Regulation and Compliance
• Publisher: Emerald Group Publishing Ltd.
• ISSN: 1358-1988
• ISSN (Online): 1740-0279