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. (Unpublished)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.

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  Item type:	Conference or Workshop Item(Paper)
  ID code:	26895
  Dates:	Date Event 4 May 2009 Published
  Subjects:	Social Sciences > Sociology
  Department:	Faculty of Humanities and Social Sciences (HaSS) > Social Work and Social Policy > Sociology
  Depositing user:	Mr David McMinn
  Date deposited:	07 Jun 2011 10:11
  Last modified:	11 Nov 2024 16:27
  Related URLs:	Event Event
  URI:	https://strathprints.strath.ac.uk/id/eprint/26895