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Revolving doors, accountability and transparency - emerging regulatory concerns and policy solutions in the financial crisis

Miller, D. and Dinan, William (2009) Revolving doors, accountability and transparency - emerging regulatory concerns and policy solutions in the financial crisis. In: Dutch National Integrity Office organized Global Forum on Public Governance, 2009-05-04 - 2009-05-05, Paris. (Unpublished)

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Abstract

It is a common phenomenon in all areas of regulation that regulators become captured by the industry they regulate, meaning that they take on the objectives of management in the firms they regulate. They may thereby lose sight of the ultimate objectives of regulation. Regulatory capture is particularly serious in industries such as banking where there is a conflict of interest between the firms‘ objectives (to maximise profits) and the objectives of the regulation.

Item type: Conference or Workshop Item (Paper)
ID code: 26895
Keywords: regulatory capture, public governance, data integrity, Sociology
Subjects: Social Sciences > Sociology
Department: Faculty of Humanities and Social Sciences (HaSS) > School of Social Work and Social Policy > Sociology
Depositing user: Mr David McMinn
Date Deposited: 07 Jun 2011 10:11
Last modified: 22 May 2015 09:38
Related URLs:
URI: http://strathprints.strath.ac.uk/id/eprint/26895

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