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

D. Miller; William Dinan

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

D. Miller, William Dinan

Research output: Contribution to conference › Paper › peer-review

79 Downloads (Pure)

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.

Original language	English
Publication status	Unpublished - 4 May 2009
Event	Dutch National Integrity Office organized Global Forum on Public Governance - Paris Duration: 4 May 2009 → 5 May 2009

Conference

Conference	Dutch National Integrity Office organized Global Forum on Public Governance
City	Paris
Period	4/05/09 → 5/05/09

Keywords

regulatory capture
public governance
data integrity

Access to Document

43264684Submitted manuscript, 165 KB

Cite this

@conference{03a0eb87e6ba4d22858c5fb6af8b31e4,

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

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{\textquoteleft} objectives (to maximise profits) and the objectives of the regulation.",

keywords = "regulatory capture, public governance, data integrity",

author = "D. Miller and William Dinan",

year = "2009",

month = may,

day = "4",

language = "English",

note = "Dutch National Integrity Office organized Global Forum on Public Governance ; Conference date: 04-05-2009 Through 05-05-2009",

}

TY - CONF

T1 - Revolving doors, accountability and transparency - emerging regulatory concerns and policy solutions in the financial crisis

AU - Miller, D.

AU - Dinan, William

PY - 2009/5/4

Y1 - 2009/5/4

N2 - 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.

AB - 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.

KW - regulatory capture

KW - public governance

KW - data integrity

UR - http://www.oecd.org/dataoecd/22/15/43264684.pdf

UR - http://www.oecd.org/document/48/0,3746,en_2649_37405_43240560_1_1_1_37405,00.html

M3 - Paper

T2 - Dutch National Integrity Office organized Global Forum on Public Governance

Y2 - 4 May 2009 through 5 May 2009

ER -

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

Abstract

Conference

Keywords

Access to Document

Other files and links

Fingerprint

Cite this