IDEAS home Printed from https://ideas.repec.org/a/bao/ijimes/v2y2022i3p47-69id54.html
   My bibliography  Save this article

The Relationship between Regulation and Consumer Protection in the Non-Banking Financial Sector: A South African Perspective

Author

Listed:
  • Pumelele Dawedi
  • Kenneth Nwanua Ohei
  • Sam Lubbe

Abstract

Purpose: Since the 2008/09 global financial crisis, financial regulation has become topical. As a result, governments of various economies have since implemented various regulatory reforms with the aim to avoid future crises and strengthen consumer protection. Academic literature indicates that scholars have divided opinions on the role of regulation to improve consumer protection. The aim of this study was to investigate the relationship between financial regulation and consumer protection. The study was narrowed down to focus on the South African non-banking financial sector. Methodology: The study formulated one overall research question, which was supported by three sub-questions raised. A quantitative research methodology was employed and survey questionnaire administered to collect data. Findings: The relationship between the two variables was tested statistically and finding depicted a negative correlation between the two variables and that strict financial regulation is not a predictor of improved consumer protection. Originality/Value: This paper has been investigate the relationship between regulation and consumer protection in the non-banking financial sector in South African perspective.

Suggested Citation

  • Pumelele Dawedi & Kenneth Nwanua Ohei & Sam Lubbe, 2022. "The Relationship between Regulation and Consumer Protection in the Non-Banking Financial Sector: A South African Perspective," International Journal of Innovation in Management, Economics and Social Sciences, International Scientific Network (ISNet), vol. 2(3), pages 47-69.
    • Handle: RePEc:bao:ijimes:v:2:y:2022:i:3:p:47-69:id:54
    as

    Download full text from publisher

    File URL: https://ijimes.ir/index.php/ijimes/article/view/54/131
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bao:ijimes:v:2:y:2022:i:3:p:47-69:id:54. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: International Scientific Network (ISNet) (email available below). General contact details of provider: https://ijimes.ir/index.php/ijimes/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.