When banks engage in securities transactions for their customers, or enter into arrangements under which broker-dealers sell securities to their customers, they may become subject to registration and regulation under the Securities Exchange Act of 1934 unless they qualify for an exemption under...

Die Studie analysiert und bewertet systematisch und umfassend die Akzeptanz der aktuellen, zehnten Fassung des Deutschen Corporate Governance Kodex (DCGK) durch DAX- und MDAX-Gesellschaften anhand der durch §161 AktG vorgeschriebenen Entsprechenserklärungen. Analysiert wird das grundsätzliche...

The principles and findings from internal government audits (aimed at generating recommendations to improve compliance with anti-corruption regulations) can greatly contribute to the wider anti-corruption literature. Internal audit techniques can overcome the weaknesses of the four predominant...

This article seeks to educate foreign attorneys practicing business franchise law in the People's Republic of China. It begins by explaining the most crucial differences between practicing law in the PRC and in other countries. It then provides the important provisions and an analysis of all of...

We investigate the role of enforcement strategy in improving firms' compliance with corporate disclosure regulations. We find that a responsive enforcement strategy developed by the Australian corporate and financial markets regulator, the Australian Securities and Investments Commission (ASIC),...

People who receive a “compliance order” from the Environmental Protection Agency, directing them to alter their property to bring it in compliance with EPA regulations, face a Hobson's choice. The EPA claims the order does not have actual legal force, which means the EPA does not offer an...

This paper analyzes two notions of compliance, ‘compliance in letter' and ‘compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance regulations. The analysis is based on the sample of top 500 companies listed on the country's...