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The pivotal theme of this study is to make PSX efficient by developing a comprehensive mechanism just like developed countries so that Pakistan’s economy could be brought at par with them.In this study four sectors of Pakistani.e. Cement, textile, pharmaceutical & chemical were explored with 1458 observations were explored.The research confirmed that during bubble period E’sM, insider trading, Firm’s based & Managerial based Compensation existed especially in those firms who inflated their shares. Another major finding of this research is that illegal insider trading has been detected in the PSX during all phases of bubble.

Waleed Khalid, Kashif-Ur-Rehman. (2019) Impact of Insider Trading & Earnings Management on the Mechanism of Pakistani Stock Market During Stock Market Bubble, Journal of Managerial Sciences, Volume 13, special.
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