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Law and Corporate Behaviour - Integrating Theories of Regulation, Enforcement, Compliance and Ethics (Hardcover)
Loot Price: R4,349
Discovery Miles 43 490
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Law and Corporate Behaviour - Integrating Theories of Regulation, Enforcement, Compliance and Ethics (Hardcover)
Series: Civil Justice Systems
Expected to ship within 12 - 17 working days
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This book examines the theories and practice of how to control
corporate behaviour through legal techniques. The principal
theories examined are deterrence, economic rational acting,
responsive regulation, and the findings of behavioural psychology.
Leading examples of the various approaches are given in order to
illustrate the models: private enforcement of law through
litigation in the USA, public enforcement of competition law by the
European Commission, and the recent reform of policies on public
enforcement of regulatory law in the United Kingdom. Noting that
behavioural psychology has as yet had only limited application in
legal and regulatory theory, the book then analyses various
European regulatory structures where behavioural techniques can be
seen or could be applied. Sectors examined include financial
services, civil aviation, pharmaceuticals, and workplace health
& safety. Key findings are that 'enforcement' has to focus on
identifying the causes of non-compliance, so as to be able to
support improved performance, rather than be based on fear
motivating complete compliance. Systems in which reporting is
essential for safety only function with a no-blame culture. The
book concludes by proposing an holistic model for maximising
compliance within large organisations, combining public regulatory
and criminal controls with internal corporate systems and external
influences by stakeholders, held together by a unified core of
ethical principles. Hence, the book proposes a new theory of
ethical regulation.
General
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