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Attempts to deter corruption have little recognized the operation of intermediaries. This study takes a New Institutional Economic-perspective, supported by a variety of case studies, to identify firms’ choices of when to engage corrupt intermediaries (buy) and how to approach reform. It...
Persistent link: https://www.econbiz.de/10010987714
Reasons for the joint use of ex ante regulation and ex post liability to cope with environmental accidents have been a … general trend toward a clear division of labour between regulation and liability: when both are jointly used, liability …. An unexpected effect of liability is observed: judges are more severe with the most regulated firms and public agents …
Persistent link: https://www.econbiz.de/10010857519
scheme, or, alternatively, to go for a mix of regulation and civil liability. Such a mix of regulation and civil liability … – Cour de Cassation. We found evidence that the regulation/liability mix increases efficiency, the regulation providing a new …The key question in this paper is to determine whether regulation and regulators information can help solving causal …
Persistent link: https://www.econbiz.de/10010857524
. Assuming endogenous crop choices and prices, we study the effects of ex ante regulation and ex post liability of GMO producers …
Persistent link: https://www.econbiz.de/10009326221
design issues for permit auction rules, permit expiration dates and banking, liability rules, and regulatory enforcement. …
Persistent link: https://www.econbiz.de/10008599547
study the effects of ex ante regulation and ex post liability on four outcomes: market equilibrium, the achievement of …
Persistent link: https://www.econbiz.de/10010863212
The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform … Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an … agreement between the company and the auditor. As well as the UK, audit liability caps also currently exist in Austria, Belgium …
Persistent link: https://www.econbiz.de/10005835429
.g. speed limits, vehicle standards, etc.), enforcement of regulation, liability rules, physical measures (e.g. roundabouts …Policy makers can improve traffic safety by the use of different instruments. These instruments include regulation (e … liability and a kilometre tax. We set up a theoretical model of traffic accidents to analyse the choice of the speed level and …
Persistent link: https://www.econbiz.de/10005808076
class actions can be more far-sighted than simply compensating the victims: the liability system has the particular feature …-ante regulation has not. This is coherent with the law and economics tradition that interprets tort law remedies as a solution for …
Persistent link: https://www.econbiz.de/10008471560
to exert safety care requires public intervention. This control occurs both through ex ante regulation and ex post legal … institutional trend that has led to the separation of ex ante regulation from ex post prosecution. The robustness of this result is …
Persistent link: https://www.econbiz.de/10005123764