Drawing on the implementation of the compliance management guidelines issued by China's SASACs, we construct a quasi-natural experiment to examine the impact of the implementation of these guidelines on the investment efficiency of SOEs. The investment efficiency of SOEs is significantly...

Traditional top-down tax gap assessments identify the size of a tax gap, but not its origins. By extracting more granular information from top-down tax gap assessments, and combining this information with compliance risk management (CRM) techniques, it is possible to: improve the accuracy of CRM...

This research investigated the behavior related to compliance with information security policy in the Yemeni banking sector by using the protection motivation theory (PMT). While PMT has been a prominent framework in understanding information security compliance, previous research has produced...

Approximately sixty percent of German goods exports are transported via sea freight. The international shipping industry is dominated by firms registered in offshore centers with little transparency. Criminals feel invited to abuse these opaque constructions for laundering their illegally...

We examine the use and usefulness of systematic compliance management in research institutes using a survey of leaders of German research institutes and expert interviews. While only a quarter of the surveyed leaders report that they have an explicit compliance management system, they report to...

This report is part of a series of regular reports published by the Eurosystem's Advisory Group on Market Infrastructures for Securities and Collateral (AMI- SeCo) covering the progress made in defining and assessing compliance with the standards included in the Single Collateral Management...

This study investigates the mediating efect of regulatory compliance mechanisms on the association between environmental knowledge and environmental sustainability practices of manufacturing small and medium enterprises (SMEs) in Uganda. This study was cross-sectional and correlational. Data...

Ownership type, legal system evolution and their interaction significantly affect the incentives and behaviors of independent directors. We use the 2019 Securities Law revision as an exogenous shock to examine how state-owned enterprises (SOEs) versus non-SOEs and their independent directors...

The EIB Group Compliance Activity Report for 2023 describes the EIB Group Compliance Functions' organisational set-up, activities, ongoing work to further strengthen the policy framework and the management of the risks under their remit. It also describes the EIB Compliance Function's foreseen...

This report is part of a series of regular reports published by the Eurosystem's Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) covering the progress made in defining and assessing compliance with the standards included in the Single Collateral Management...

Project Mandala uses a compliance by design approach to streamline cross-border compliance processes for financial institutions and explores real-time policy and regulatory compliance monitoring for central banks and other regulators. The project preserves the existing regulatory framework...

Over decades, public procurement in Tanzania experienced critical reforms; however, not much is known about the reforms and hence there is a dearth of comprehensive reviews about them. The current study reviews existing literature relating to public procurement reforms, practices, and compliance...

This study examined the influence of corporate governance characteristics: size, women on board, financial skills of members, frequency of meetings and financial skills of the supervisory committee on compliance with International Financial Reporting Standards (IFRSs). The study was premised on...

This study examines the effect of a pollution liability insurance mandate on corporate environmental compliance in Shenzhen, China. We employ a triple differences design, comparing electroplating and circuit board manufacturing firms, mandated to purchase insurance, to industries and a...

The economic analysis of crime has contributed significantly to our understanding of corporate criminal activity. To derive implications for legal policy, most theoretical papers, however, take public enforcement as exogenous, i.e. non-compliance with laws is punished with a given probability by...

A bonus on the fine in response to the defendant running a corporate compliance program is superfluous because working leniency programs provide all the incentives necessary to implement efficient compliance. Others opposed to such a bonus argue that unreduced fines are sufficient to incentivize...

Small and medium-sized enterprises, or "SMEs," play a major role in global economic development. This Guide aims to provide SMEs with a useful framework for developing effective Integrity Compliance Programs, or "ICPs," tailored to their own business models, budgets, and risk profiles. It...

Targeted financial sanctions are routinely used to combat financial crime. As they are endorsed by the United Nations and the Financial Action Task Force, the vast majority of jurisdictions have established regulatory frameworks that make provision for targeted financial sanctions. These...

The present research investigation examines the complex domain of mergers and acquisitions (M&A) in order to analyse the crucial elements pertaining to antitrust implications and regulatory adherence. The study examines the economic and social consequences of mergers and acquisitions (M&A) by...

The present study finds a relationship between board gender diversity and European competition law compliance. By using a logistic regression model on the DAX30 companies in Germany, the results find that having a larger proportion of women on company boards decreases the chance of receiving a...

All companies, regardless of their size, business model and scope of activities, must understand and comply with a plethora of laws and regulations in diverse areas such as employment, health and safety, intellectual property, real property, tax, antitrust, finance, securities law and consumer...

This technical research note/abstract provides a data matrix depicting the relationship between regulatory compliance and program quality. The data clearly demonstrate the regulatory compliance theory of diminishing returns which depicts the ceiling or plateau effect in this relationship between...

In response to the climate crisis and ever diminishing global carbon budget targets, managing carbon emissions, particularly during the post-occupancy phase in the building sector, is pivotal. This study presents a novel approach that uses a parametric Life Cycle Assessment (LCA) workflow that...

Biofertilizers and biopesticides (together known as ‘biologicals’) hold the potential to increase farmers’ current agricultural productivity, while at the same time contributing to the soil’s ability to produce more in the future. However, the legal registration of microbial products and...

When managing major disasters, authorities may ask residents to comply with certain guidelines that change community members’ daily routines. In these situations, authorities often appeal to resilience, which refers to the ability to recover from challenges.In this study, we examine whether...

Many corporate ESG disclosure regulations rely on private activist pressure to enforce compliance, but relatively little is known about its effectiveness. We present results from a field experiment testing the effect of various types of pressure from a leading human rights NGO on subsequent...

Data fuels the algorithms that run the products and systems people use every day, but without appropriate privacy regulations, data breaches can put users at risk. This paper proposes creating a privacy Regulatory Authority Advisory Body that would set privacy standards and ensure compliance...

The term compliance is simply meant conformity of any developed standard. It revealed the exposition of disciplines, rules, norms, processes, policies, manuals, conducts, and similar matters pertinent to relevant courses of action. compliance signifies a suitable and absolute plan to ensure the...

While research in constitutional economics has made important progress in recent decades, the factors determining whether a constitution is complied with have only received scant attention. We contribute to that narrow literature by studying how personal traits of political leaders are...

Compliance with anti-corruption and anti-bribery laws is always a critical piece of any compliance program. In today’s environment, with global economies emerging from the COVID-19 pandemic and facing issues with inflation, supply chains and labor, this area is particularly challenging....