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Corporate Compliance - New Approaches to Regulatory Enforcement

Name: Corporate Compliance - New Approaches to Regulatory Enforcement
Brand: Edward Elgar Publishing Ltd
SKU: 02516752
Price: 182.59 EUR
Availability: InStock
Author: Sharon Oded
ISBN: 9781781954744

Sharon Oded

Language

English

Book Hardback

Libristo code: 02516752

Publishers Edward Elgar Publishing Ltd, August 2013

This book considers how a regulatory enforcement policy should be designed to efficiently induce pro... Full description

Libristo code: 02516752

447 b

182.59 € VAT included

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This book considers how a regulatory enforcement policy should be designed to efficiently induce proactive corporate compliance. It first explores two major schools of thought regarding law enforcement, both the deterrence and cooperative approaches, and shows that neither of these represents an optimal regulatory enforcement paradigm from a social-welfare perspective. It provides a critical analysis of recent developments in US Federal corporate liability regimes, and proposes a generic framework that better tailors sanction schemes and monitoring systems to regulatee performance. The proposed framework efficiently induces corporate proactive compliance, while maintaining an optimal level of deterrence. This insightful book will appeal to academics in law and economics, behavioral economics, criminology, and business, as well as to practitioners and policymakers.