Insider Trading in Emerging Countries: Prevalence, Challenges, and Policy Implications

Auteurs

DOI :

https://doi.org/10.31637/epsir-2026-2230

Mots-clés :

insider trading, emerging markets, financial regulation, market transparency, corporate governance, policy implications, behavioral finance, financial transparency

Résumé

Introduction: This study explores insider trading in emerging markets, examining its regulatory, economic, and behavioural aspects. Its objective is to understand the implications for market efficiency, corporate governance, and policymaking. Methodology: A multi-method approach combines bibliometric analysis, systematic review, and content analysis of articles indexed in Web of Science and Scopus. Results: The results show a notable increase in research on insider trading in emerging markets, especially after 2015. Journals indexed in Web of Science lead both in publication volume and citation impact. Key research topics include regulatory challenges, governance deficiencies, cultural and behavioural influences, and the connection between insider trading and overall market dynamics. Discussions: The study highlights the importance of robust legal frameworks, effective governance, and context-adapted enforcement. It also highlights the growing relevance of technologies such as AI and blockchain to improve transparency and foster investor confidence. Conclusions: This research addresses a need by providing an integrated bibliometric and thematic assessment of insider trading in emerging markets.

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Bibliographies de l'auteur

Jairo Dote-Pardo, Universidad Católica de Temuco

Is a Professor and Researcher in the Department of Economics and Administration at the Catholic University of Temuco, Chile. He holds a PhD in Business Economics from the University of Salamanca and a Master’s degree in Administration from the University of Bio-Bio. He currently serves as Secretary General and Researcher at the Center for Management and Applied Economics. His research interests include corporate sustainability, personal finance, innovation, applied economics, and financial education. He has participated in diverse research projects and published articles in peer-reviewed journals such as Sustainability, Sustainable Futures, Mental Health and Social Inclusion, Journal of Accounting Literature, Journal of Money Laundering Control, Journal of Family Business Management, and, Transylvanian Review of Administrative Sciences He has also led training, outreach, and academic development activities at the undergraduate, graduate, and continuing education levels in higher education institutions.

Pedro Severino-González, Catholic University of the Maule

Is a Professor and Researcher in the Department of Economics and Administration at the Universidad Católica del Maule (UCM), Chile, where he has worked since 2017. He was Director of the School of Business Engineering from 2019 to 2022. He holds a PhD in Economics and Business from the University of Extremadura (Spain), a Master’s degree in Business Administration, and a degree in Commercial Engineering from the University of Bío‑Bío. His research interests include corporate and university social responsibility, sustainability, higher education, and ethics, as reflected in more than 110 publications, 60 supervised theses, and 1,400 citations. He has actively participated in national and international seminars and conferences, and led academic projects on education and social responsibility at Chilean and Latin American universities.

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Publiée

2025-08-08

Comment citer

Dote-Pardo, J., & Severino-González, P. (2025). Insider Trading in Emerging Countries: Prevalence, Challenges, and Policy Implications. European Public & Social Innovation Review, 11, 1–21. https://doi.org/10.31637/epsir-2026-2230

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