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Financial failures observed during global financial crisis have again underlined the importance of effective risk management. In this article, the author analyzes the best instrument, namely self discipline, official discipline and market discipline, for the effective risk management. In the...
Persistent link: https://www.econbiz.de/10011260546
. Whilst self-regulation, a constituent of the standard setting system which private law supplements, offers advantages which …, and a high level of compliance with rules, it will be highlighted in this paper that some other models of regulation, are … and demonstrate why an interaction with public regulation, as well as an incorporation of substantive equality principles …
Persistent link: https://www.econbiz.de/10009207095
manipulation is not illegal under UK financial services regulation, but that in any case, deterrence is better than prosecution …
Persistent link: https://www.econbiz.de/10005662332
In this paper, we investigate the design and implementation of financial regulation where market failures are created … imperfect information, should be supplemented by financial regulation. We focus on two regulatory tools: direct penalties and …-regulatory organizations have adequate incentives to implement regulation. We find that such incentives do exist when firms have sufficient …
Persistent link: https://www.econbiz.de/10005281319
power to enact regulation as well as shape the discourse around CSR. The study of CSR in OFC-based firms thus calls into …
Persistent link: https://www.econbiz.de/10010989788
Purpose – The internationalisation of business and the process of globalisation raise many ethical issues about acceptable norms of conduct on the part of corporations. This article aims to evaluate whether there is progress in establishing standards for international business ethics....
Persistent link: https://www.econbiz.de/10009319828
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An opinion survey of South African architects, quantity surveyors, engineers and contractors regarding ethical behaviour within the construction industry reveals that South African contractors seem to possess a reputation for unethical conduct. The range of problems encountered includes...
Persistent link: https://www.econbiz.de/10005445788