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their responsible workers, and in turn engage in CSR through self-regulation, provided that regulatory oversight is poor … enough - and hence regulation is loose enough - to make self-regulation worthwhile. The key prediction of the model is a …
Persistent link: https://www.econbiz.de/10012482378
We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our … attenuated through government regulation, which is set endogenously and may or may not be socially optimal. Governments may … choose suboptimal levels of regulation if they face lobbying pressure from companies. Companies can, in turn, hire socially …
Persistent link: https://www.econbiz.de/10012457304
years of state commission regulation. Examples of an adaptive response pattern on the part of regulators, firms and …
Persistent link: https://www.econbiz.de/10012478245
We provide causal evidence that regulatory shocks associated with drug safety label changes lead to aggregate demand declines of 16.9 percent within two years of a relabeling event. After accounting for all plausible substitution patterns by physicians along with competitor actions, aggregate...
Persistent link: https://www.econbiz.de/10012480610
quantitative estimates of the consequences of government regulation. We estimate the impact of restricting gender-based pricing in …
Persistent link: https://www.econbiz.de/10012466464
Regulations aimed at curbing the entry of large retail stores have been introduced in many countries to protect independent retailers. Analyzing a planning reform launched in the United Kingdom in the 1990s, I show that independent retailers were actually harmed by the creation of entry barriers...
Persistent link: https://www.econbiz.de/10012458867
not only on its effectiveness as a sanitary measure but also on how the costs of the regulation are distributed …
Persistent link: https://www.econbiz.de/10014544783
The regulation of bank capital as a means of smoothing the credit cycle is a central element of forthcoming macro …-prudential regimes internationally. For such regulation to be effective in controlling the aggregate supply of credit it must be the case …
Persistent link: https://www.econbiz.de/10012460836
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
Persistent link: https://www.econbiz.de/10012466463
enabling discovery for nanotechnology. Nanotech publishing and patenting has grown phenomenally. Over half of nanotech authors … nanotechnology where and when scientists are publishing breakthrough academic articles. A high average education level is also … similar process appears to have started in nanotechnology …
Persistent link: https://www.econbiz.de/10012468873