In the last two decades prolonged instances of corporate wrongdoing in Europe have been un-covered: from Siemens’ systemic bribery to HSBC and other major bank’s money laundering issues, Dieselgate, LIBOR price-rigging, and the recent Wirecard debacle. What has driven European firms to...

A short history of deregulation -- Recent regulatory history -- Enron -- Deregulation -- Notes -- Corporate self-regulation: form versus substance -- The monitoring board -- Northeast Utilities: a failed competitive strategy -- Cost containment -- Cost containment versus safety regulation --...