Overspilling The Evolution Of Corporate Frauds Concerning Insider Trading In India
- IJLLR Journal
- Feb 15
- 1 min read
Kamakshi Srivastava, CHRIST (Deemed to be) University
ABSTRACT
The evolution of corporate fraud in India reflects increasing complexities and ambiguities in the financial markets, highlighting the inadequacies and various challenges the authorities face to mitigate these crimes. Corporate fraud includes a wide range of illegal activities like accounting fraud, insider trading, corruption, etc., affecting the market's integrity and investor confidence. Insider trading as a corporate fraud in India traces its roots back to the pre-independence era when no regulations existed. In the 1990s, when the economy went through liberalization, the country witnessed a sudden increase in corporate fraud cases due to increased integration and globalization of Indian markets with the global economy. This research paper explores the evolution of corporate fraud concerning insider trading in India by examining its historical development, regulatory framework, and the challenges the enforcement agencies face. The primary aim of this paper is to provide a concise overview of the evolution of corporate fraud in India, specifically concerning insider trading. The paper also delves into how insider trading has impacted corporate governance and investor protection in the capital market. The author's objective is to analyze insider trading laws' evolution and effectiveness in mitigating corporate fraud in India.
Keywords: Corporate frauds, evolution, insider trading, globalization, governance
