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of the 20-year-old regime in South Africa (SA), an emerging economy that has recorded giant strides in cartel regulation … benefits outweigh the setbacks. In sum, the article identified a number of murky areas of cartel regulation in the new Nigerian …
Persistent link: https://www.econbiz.de/10013222175
law and whether regulation could be a complement or a substitute to competition law enforcement. The paper is divided into …
Persistent link: https://www.econbiz.de/10013223301
Reforming the market regulation mechanism and implementing unified market regulation are the key links to the … Administration for Market Regulation, both China’s anti-monopoly enforcement agencies and intellectual property rights institutions … entire market regulation mechanism. As to their interrelationship, basically, intellectual property rights protection and …
Persistent link: https://www.econbiz.de/10013225305
We consider a principal-agent model where the principal can monitor and punish the agent with a fine if the agent is caught being non-compliant. To reduce the probability of being verified, the agent can engage in costly avoidance. We design the optimal regulatory policies with and without avoidance
Persistent link: https://www.econbiz.de/10013240486
incentives rather than regulation and enforcement in improving firms’ information environments …
Persistent link: https://www.econbiz.de/10013241119
As part of a recent trend toward more cooperative relations between regulators and industry, novel government programs are encouraging firms to monitor their own regulatory compliance and voluntarily report their own violations. In this study, we examine how regulatory enforcement activities...
Persistent link: https://www.econbiz.de/10014026229
Persistent link: https://www.econbiz.de/10013555755
“helping hand” view of government is advanced as having a fundamental role in the regulation and supervision of banks …. Furthermore, governments have a vital role to play in corporate responsibility and regulation given the fact that banks are costly … Regulation model, the paper attempts to highlight the role played by government in the direct monitoring of firms. In proposing …
Persistent link: https://www.econbiz.de/10013133503
The failure of the regulatory system is at least one of the contributing causes to the 2008 Financial Crisis. The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) will have a far-reaching impact on the financial services industry particularly in its attempt to...
Persistent link: https://www.econbiz.de/10013136859
While Regulation FD was designed to benefit investors by curbing the selective disclosure of material non …
Persistent link: https://www.econbiz.de/10013120245