Regulating Power and Corporate Misconduct
Project Overview
This project aims to map and critically analyse the shift towards negotiated enforcement in response to corporate misconduct in the financial sector. There is growing concern within the community, consumer advocates, elected representatives and the finance industry itself about the increasing use by regulators of negotiated enforcement mechanisms rather than litigation to counter serious corporate misconduct in the financial sector. There is concern that these practices may lack transparency, be inefficient, fail to deter corporate misbehaviour, and operate to subvert individual justice and the rule of law. This project aims to address these concerns by developing detailed recommendations for reform based on an examination of the theory and practices of Australian and United States of America financial regulators.
Project team
Chief Investigator
- Professor Ian Ramsay, (Melbourne Law School)
Project Details
Type of Grant
ARC Discovery Project
Commencement Year
2019
Funds Received
$311,000.00