Document Type
Article
Publication Date
2004
Abstract
Numerous corporate scandals in the past several years have fueled widespread debate over proposals for government action. The central challenge for government is how to restore corporate integrity and market confidence without overreacting and stifling the dynamism that underlies a strong economy. To examine this challenge, the Center for Business and Government's Regulatory Policy Program organized a conference in May 2004 on The Role of Government in Corporate Governance. The conference brought together government officials, business leaders, and academic researchers to discuss three fundamental public policy issues raised by recent corporate abuses. First, who should regulate corporate management - government agencies or self-regulatory organizations? Second, how should regulatory commands be designed, either as detailed rules or broad principles? Finally, how should regulations be enforced? This report synthesizes the conference dialogue organized around these three questions and explores conditions under which different configurations of regulatory institutions, standards, and enforcement practices can further both corporate integrity and productivity.
Repository Citation
Coglianese, Cary; Keating, Elizabeth K.; Michael, Michael L.; and Healey, Thomas J., "The Role of Government in Corporate Governance" (2004). Faculty Scholarship at Penn Law. 1243.
https://scholarship.law.upenn.edu/faculty_scholarship/1243
Included in
Antitrust and Trade Regulation Commons, Business Administration, Management, and Operations Commons, Business Law, Public Responsibility, and Ethics Commons, Business Organizations Law Commons, Economic Policy Commons, Economics Commons, Law and Economics Commons, Legal Studies Commons, Work, Economy and Organizations Commons
Publication Citation
1 N.Y.U. J. L. & Bus. 219 (2004).