In this regard, the level up to which the aspects of insider trading along with other related activities are on the rise will be determined upon. In recent times, it is observed that amid the most talked about cases of insider trading the names of Raj Rajaratnam, Chief Executive Officer (CEO) of Galleon Group and Rajat Gupta, the ex MD of McKinsey and ex director of Goldman Sachs come into contention. In relation this particular aspect, proper literature backed up with problem identification and discussion will be presented throughout the overall process of the research. It has been determined that the issue of insider trading has emerged as a bane of modern day business world. It has certainly affected the level of trust upon higher level of authorities of globally leading companies (HT Media, “Rajat Gupta Asked to Pay $13.9 mn in SEC Insider-trading Case”). THESIS STATEMENT This investigative study aims to highlight a number of critical factors that are associated with the following cases i.e. Raj Rajaratnam, CEO of Galleon Group, and Rajat Kumar Gupta, ex MD of McKinsey and ex director of Goldman Sachs who were successfully prosecuted for practicing insider trading in their respective companies. PROBLEM STATEMENT With regard to the case of Raj Rajaratnam, the concerning problem mainly represented his involvement in the illegal practices pertaining to insider trading. This factor can be considered to give rise to the problems associated with even greater implications of criminal offences that reflected from the part of Rajaratnam. Another problem concerning the similar issue can be highlighted whereby Rajat Gupta who was the former director of Goldman Sachs and the ex-managing director of McKinsey was also prosecuted in relation to insider trading. These two cases were considered to be amongst of the most high profile cases which were examined in an in-depth manner. These cases were also evaluated to be as the most challenging cases because they involved numerous obligations that came from the part of the convicted entities. In relation to these cases, it also gave rise to numerous obligations and interventions that came out from the parts of the concerned parties involved in the cases of practicing inside trading. Thus, these problems seem to propagate a number of issues which will precisely be highlighted in the discussion sections. Correspondingly, the study will be able to present a broad idea concerning the severity along with the consequences of performing such illegal practices. It will also lead to the determination of the variable ways and measures that could be adopted in order to curb all the major issues associated with insider trading (HT Media, “Rajat Gupta Asked to Pay $13.9 mn in SEC Insider-Trading Case”). REVIEW OF LITERATURE In relation to the facets related to insider trading, it has determined that this particular practice is one the rise. Based on the current scenario, it has been determined that the two individuals namely Raj Rajaratnam and Rajat Gupta were the primary persons who were solely responsible for carrying out insider trading activities. Consequently, they were prosecuted for their crime by way of imposition of large amount of fines and imprisonment. In this similar context, it can be ascertained that there are various other factors associated with the concept of
Investigation, Research, Analysis and Real World Case Study (/ies) On the Topic of Insider Trading INTRODUCTION AND BACKGROUND The term ‘insider trading’ explains the different unethical practices in the field of stock exchange. It is a process in which an associate may get involved in the illegal practices of insider trading for his/her own interest (The Indian Express Ltd, “The Evil of Insider Trading”)…
1. How should you calculate the budget allocation for this project? Solution: I am inclined to agree with the advice given by V. Smith (Media Consultant). James Wiley (the Financial Director) indicated that the overall budget can only be $30,000. However if the results of the initial pilot sample is un-representative than it may be wise to run a second pilot sample approximately 212 respondents at an approximate cost of $1,272 in a market other than Chicago.
The result of a successful bond is secure attachment while insecure attachment might develop if the bond is not successful. An insecure attachment has its drawbacks and the person might end up having problems with social competency, mastery and forming of stable relationships (Shilkret and Shilkret, 2008).
The real chocolate company was founded by Sarah Smith the present CEO. The company employs 235 workers, owned five branches and 316 franchised stores. The stores are located in the United States and Canada.
In 2005, real chocolate company had sales of $31.6million system sales and those of the franchised stores stood at $108million.
The case will first discuss the implementation of CISP (Cardholder Information Security program) by CardSystems to ensure the security of the cardholder information during the processing and storage by
From this perspective the overall sampling universe is more than simply the subject, and encompasses the largest entity to be described. As such the sampling universe is potential consumers who use Sat-Rad &
The North American Free Trade Agreement or NAFTA is a regional trade bloc in North America. It consists of countries such as Canada, Mexico, and the United States. It was established in the beginning of 1994, in order to exploit the opportunities opened up by globalization. In terms of GDP, NAFTA is the largest trade bloc in the world at present
Over the years, the company has grown to become the largest home appliance maker and actually launched operations to the overseas markets in the 90s. The formal marketing strategy by the company was rolled out in the year 1997 when the CEO announced his goal,
t and survived a market downturn in the 1980s courtesy of diversification and creating an alliance with Creative Aquatics which ultimately gave the parent company a firmer grip of the recreational facilities market. Creative Aquatics provided aquatics programming and technical
4 pages (1000 words)Case Study
Hire a pro to write a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Apply my DISCOUNT
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you an essay for FREE
Contact us via Live Chat, call us at +16312120006or send an email to firstname.lastname@example.org