If investors needed another reason to distrust the stock market, here’s a doozy. A study by a trio of researchers in the U.S. and Canada into insider trading found that one-quarter of the big merger and acquisition (M&A) deals over a 15-year period—roughly 460 transactions in total—may have seen people profiting on information before it was public.
The Honourable Lisa Raitt, Minister of Transport, today announced the appointments of Ms. Melissa Sonberg of Montreal, and Ms. Deborah Robinson, of Toronto, to the board of directors of VIA Rail Canada, each for a three-year term.
Ofter als gedacht wird illegal ve rsucht, vertrauliche Kenntnisse an der Borse zu versilbern.
You have heard about the “seismic”, “shocking” and “bombshell” results from last month’s vote in Europe for the EU parliament. Many traditional, centrist parties lost ground and in France and in the UK, anti-EU parties (the Front National and UKIP respectively) received the most votes (around 25% in each case).
There is often a tip. Before many big mergers and acquisitions, word leaks out to select investors who seek to covertly trade on the information. Stocks and options move in unusual ways that aren’t immediately clear. Then news of the deals crosses the ticker, surprising everyone except for those already in the know. Sometimes the investor is found out and is prosecuted, sometimes not.
“Keep learning” is the mantra of modern management. You have to keep up with the constant stream of new information, new technology, new paradigms – new everything. But sometimes one of the keys to progress is “unlearning.” Dumping old skills and habits is often more valuable than learning new ones. Here’s my list of the top things that managers need to unlearn immediately.
PhD, Statistics, McGill University, Canada
MSc, Mathematics, McGill University, Canada
BSc, Mathematics, McGill University, Canada
Papers in Peer-Reviewed Journals
BCom McGill University
PhD University of British Columbia
Peter Todd is Professor and Dean of the Desautels Faculty of Management of McGill University. Prior to his appointment at McGill he was the Chesapeake and Potomac Professor of Commerce and Senior Associate Dean in the McIntire School of Commerce at the University of Virginia. While at Virginia he also served as Associate Dean for Graduate Programs. He has also been on the faculty of the Bauer College of Business at the University of Houston where he was a Professor and Associate Dean for Academic Affairs and Research as well as Director of the Information Systems Research Centre. Peter received his Ph.D. in Management Information Systems from the University of British Columbia and holds a BCom (‘83) from McGill University. His research interests relate to the role of information technology in decision making, the adoption and diffusion of IT innovations and the management of the IT function. He has published over 30 papers in a variety of journals including Information Systems Research and MIS Quarterly.
In his seven years as Dean of the Desautels Faculty of Management, Dr. Todd spearheaded the greatest renewal the Faculty has ever seen. He was instrumental in launching Quebec’s first self-funded MBA program. In 2012, Dr. Todd received the David Johnston Award given by the McGill Alumni Association for his exemplary work on behalf of the McGill Annual Fund.
University of Virginia