Question 1
Explain what the following statement by handel [1982,p 36] means and provide an argument to either support or oppose the contention
Things may be exist independently of our accounts, but they have no human existence until they became accountable. things may not exist , but they may take on human significance by becoming accountable..............accounts define reality and at the same time they are that reality.................the processes by which accounts are offered and accepted are the fundamental social process.
Question 2
A newspaper article entitled 'hannes "knew of TNT valuation" ' [Australian, 18 june 1999 p 24] reported a case involving a person who was before the courts on a change of insider trading. in part, the articles stated :
Macquarie bank executive director simon hannes learnt of the value the bank had placed on TNT shares three months before the transport giant was subject to a takeover bid by dutch company KPN, jury heard yesterday
The crown has alleged that mister hannes , using the allias mark both ,used that confidential information
To make dollar 2 million profit trading in TNT options at the time o October 1996 takeover offer. Macquarie was advising TNT on the bid and downing centre districr court jury has previously heard
Mrs hannes claim to have had only a general knowledge of possible transaction involving TNT. Mrs hannes , 39, has pleaded not guilty to one charge of insider trading and two of structuring bank withdrawals to avoid reporting requirements.
A which of the theoretical prospective of regulation reviewed on this might best explain the existence of loss that prohibit insider trading?
B how would advocates of a "free-market" approach justify the removal of legislation pertaining the insider trading?
Hints
Search in google these 1 and 2 point
1 handel [1982,p 36] for question no 1
2 [Australian, 18 june 1999 p 24] for question no 2
Requirements
1000 words each question 1 and 2 [ in total you have to write 2000 words with all references ]