Incentives in Corporate Governance: The Role of Self-Regulation
AbstractCorporate governance stems from the interplay of legal norms, security regulation, self-regulation and best practices. Recent scandals and frauds have forced governments to update laws on corporate governance: the legislation process has been very fast in some countries, others have lagged. Law and regulation intervene and become effective only ex-post, when damages have been done and malpractice is self-evident. On the contrary, self-regulation is a quicker and more flexible response to changing market conditions and of great impact on the relationship between firms and their environment. A self-regulatory organization (SRO) such as the stock exchange could administer the screening device, based on an indicator developed on the provisions of the corporate governance code issued by the SRO itself.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by University of Milano-Bicocca in its journal Symphonya. Emerging Issues in Management.
Volume (Year): (2004)
Issue (Month): 1 Public Governance and Global Markets ()
Contact details of provider:
Web page: http://www.unimib.it/symphonya
Corporate Governance; Regulation; Security Regulation; Self- Regulation; Corporate Governance Code; Global Finance; Global Investors DOI:http://dx.doi.org/10.4468/2004.1.05dibetta.amenta;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Niccolo Gordini).
If references are entirely missing, you can add them using this form.