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License to Cheat: Voluntary Regulation and Ethical Behavior

Authors: Gino, Francesca; Krupka, Erin L.; Weber, Roberto A.
Product Type: Research Notes / Working Papers
Source: Harvard Business School
Publication Year: 2012

[This document has not yet been rated] 229 views

One powerful tool, at least in theory, that policymakers can rely on to stem cheating is regulation through monitoring and sanctions. But regulation does not really help when individuals and firms who are supposed to be regulated may have the ability to determine how much regulation they face, or even whether they face it at all. This paper studies what happens when individuals can avoid or circumvent regulation and monitoring intended to curb unethical conduct.

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Network Associates: Securing the Network

Authors: Spar, Debora L.; Burns, Jennifer
Product Type: Cases
Source: Arthur Rock Center for Entrepreneurship @ Harvard Business School
Publication Year: 1999

[This document has not yet been rated] 1380 views

Follows one company's path through the uncharted terrain of government regulation and the Internet.

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Note: Regulation of Hedge Fund Managers in the U.K. Before and After the Global Financial Crisis

Authors: Pozen, Robert C.; Hammerle, Melissa
Product Type: Notes
Source: Harvard Business School
Publication Year: 2010

[This document has not yet been rated] 508 views

This note will examine the regulatory framework for hedge funds in the United Kingdom (UK) before and after the financial crisis of 2008.

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Toxic Waters: Health Ills Abound as Farm Runoff Fouls Wells

Author: Duhigg, Charles
Product Type: Magazine / Newspaper Articles
Source: The New York Times
Publication Year: 2009

[This document has not yet been rated] 550 views

The Clean Water Act of 1972 largely regulates only chemicals or contaminants that move through pipes or ditches, which means it does not typically apply to waste that is sprayed on a field and seeps into groundwater.

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History of Food and Drug Regulation in the United States

(Problems of Information Example 1: Food and Drug Adulteration)

Author: Law, Mark T.
Product Type: Web Sites
Source: EH.Net Encyclopedia
Publication Year: 2004

[This document has not yet been rated] 1859 views

Throughout history, governments have regulated food and drug products. In general, the focus of this regulation has been on ensuring the quality and safety of food and drugs...

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Extending Producer Responsibility: An Evaluation Framework for Product Take-Back Policies

Working Paper 09-026

Authors: Toffel, Michael W.; Stein, Antoinette; Lee, Katharine L.
Product Type: Research Notes / Working Papers
Source: Harvard Business School
Publication Year: 2008

[This document has not yet been rated] 411 views

This article provides a framework to evaluate the potential for take-back regulations to actually lead to reduced environmental impacts and to stimulate product design changes.

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Japanese Financial System

From Postwar to the New Millennium

Author: Schaede, Ulrike
Product Type: Cases
Source: Harvard Business School
Publication Year: 2001

[This document has not yet been rated] 274 views

Describes the development of the Japanese financial system, from extensive regulation and fund allocation through administrative guidance in the 1950s to the banking crisis and legal and structural reorganization in the 1990s.

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Strategic Compliance Management

Author: Bagley, Constance E.
Product Type: Notes
Source:
Publication Year: 2006

[This document has not yet been rated] 945 views

This note argues that managers and their firms perform more effectively when they comply with applicable laws and search for innovation opportunities created by regulation and deregulation.

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Webcast: AIG Bonuses, Contractual Obligation, and Executive Compensation

Are There Ethical Standards for Pay?

Authors: Finocchio, Robert; Diamond, Stephen; Hanson, Kirk O.
Product Type: Multimedia
Source: Santa Clara University
Publication Year: 2009

[This document has not yet been rated] 1635 views

A panel discussion responds to AIG bonuses, income inequality, and whether regulation is the best approach to executive compensation (video).

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Regulatory Uncertainty and Corporate Responses to Environmental Protection in China

Authors: Marquis, Christopher; Zhang, Jianjun; Zhou, Yanhua
Product Type: Journal Articles
Source: California Management Review
Publication Year: 2011

[This document has not yet been rated] 247 views

This article analyzes the closing gap between regulation and enforcement of environmental protection in China and explores its implications for doing business there. It identifies three major dimensions that characterize change in regulatory systems: priorities and incentives, bureaucratic alignment, and transparency and monitoring.

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Childhood Obesity

Should Junk Food be Regulated?

Author:
Product Type: Cases
Source: ICMR
Publication Year: 2005

[This document has not yet been rated] 486 views

The case 'Childhood obesity: Should junk food be regulated?' provides an overview of the marketing of junk food (food with limited nutritional value) to children across the world, and the role of government regulations and industry self-regulation. The case looks into the concerns raised by consumer groups and health organizations the world over, due to the increasing levels of childhood obesity which have reached alarming proportions. Junk food manufacturers like McDonald's, Kraft Foods, PepsiCo, and Coca-Cola have come under intense pressure to withdraw advertisements and promotional campaigns that target children. The case also gives a brief account of the arguments put forward by the Alliance for American Advertising (AAA) in defense of the 'rights' of companies to advertise to children. This case also discusses the regulations framed by governments in the Europe and Australia, and the initiatives taken by the junk food manufacturers to control obesity in children. It looks at some of the promotional campaigns these companies have designed to motivate children to adopt healthier lifestyles.

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How the Credit Crisis Could Forge a New Financial Order

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles
Source: Wharton School of the University of Pennsylvania
Publication Year: 2008

[This document has not yet been rated] 779 views

In the middle of a battle, it's hard to know what the landscape will look like after the smoke clears.

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Estimating the Hidden Costs of Environmental Regulation

Authors: Lave, Lester; Krishnan, Ranjani
Product Type: Journal Articles
Source: The Accounting Review
Publication Year: 2001

[This document has not yet been rated] 600 views

This paper examines whether accounting systems identify all the costs of environmental regulation.

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The Devil Made Me Do It: Replacing Corporate Directors' Veil of Secrecy with the Mantle of Stewardship

Authors: Bagley, Constance E.; Page, Karen L.
Product Type: Journal Articles
Source: San Diego Law Review, Volume 36, No. 4, Fall, 1999.
Copyright 1999 San Diego Law Review. Reprinted with the permission of the San Diego Law Review Association.
Publication Year: 1999

[This document has not yet been rated] 2014 views

This article argues that the nature of the corporate form coupled with an exclusive focus on shareholder value leads to economically and socially inefficient results...
This article is available for download to all registered faculty users of this site.

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Industry Self-Regulation without Sanctions: The Chemical Industry's Responsible Care Program

Authors: King, Andrew; Lenox, Michael
Product Type: Journal Articles
Source: The Academy of Management Journal, Volume 43, No. 4, pp. 698-716.
Publication Year: 2000

[This document has not yet been rated] 1305 views

Industry self-regulation – the voluntary association of firms to control their collective action – has been proposed as a complement to government regulation...

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The PCAOB (A, B)

Authors: Paine, Lynn S.; Bettcher, Kim Eric
Product Type: Cases
Source: Harvard Business School
Publication Year: 2006

[This document has not yet been rated] 1635 views

Members of the Public Co. Accounting Oversight Board--a private-sector, nonprofit body created by the Sarbanes-Oxley Act of 2002--must determine the form and content of a new auditing standard on internal control that will fulfill the requirements of Section 404 of the act...

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Telenor's Dilemma: The 2G Spectrum Scam in India

Authors: Prashar, Sanjeev; Prasad, Adeshwar Raja Balaji; Parasaran, V.S.; Venna, Vijay Kumar
Product Type: Cases
Source: Richard Ivey School of Business
Publication Year: 2012

[This document has not yet been rated] 214 views

In 2008 the Supreme Court of India revoked the 2G spectrum licences issued to many local and international companies because of major violations in the granting procedure by the Telecom Ministry. The case drives home the significance of political and legal business environmental factors that have an impact on the successful conduct of business. Multinational companies tend to be vulnerable to political risks, and the case suggests to students how to handle such situations.

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The Causes and Consequences of Industry Self-Policing

Working Paper 08-021

Authors: Short, Jodi L.; Toffel, Michael W.
Product Type: Research Notes / Working Papers
Source: Harvard Business School
Publication Year: 2007

[This document has not yet been rated] 366 views

Tasked with monitoring the legality of its own operations, why would a firm that identifies violations turn itself in to regulators rather than quietly fix the problem?

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Managing at the Speed of Change

Author: Knowledge@Emory
Product Type: Magazine / Newspaper Articles
Source: Knowledge@Emory
Publication Year: 2009

[This document has not yet been rated] 519 views

Can business leaders learn a lesson from the President of the United States? Faculty at Emory University's Goizueta Business School explore the obstacles to change as well as the opportunities inherent in times of transition.

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Arcadia Biosciences

Seeds of Change

Authors: Daemmrich, Arthur A.; Reinhardt, Forest; Shelman, Mary
Product Type: Cases
Source: Harvard Business School
Publication Year: 2008

[This document has not yet been rated] 813 views

Arcadia Biosciences is an entrepreneurial California agricultural biotech company seeking to earn carbon credits by modifying commodity crops for use in China and India. The case provides context on the company; describes advances in crops genetics focused to climate change and associated resource issues of fertilizer use, water use, and soil salinity; and poses strategic choices for a start-up company operating at the intersection of business, agriculture, and climate change.

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A Cost for Cleaner Air

Hong Kong's LPG Vehicle Scheme

Authors: Wong, Ka-fu; Chan, Chester; Stimson, Mark
Product Type: Cases
Source: Asia Case Research Center, University of Hong Kong
Publication Year: 2006

[This document has not yet been rated] 984 views

In order to encourage the transition to LPG vehicles, taxi owners in Hong Kong were given cash grants to purchase new vehicles and drivers were promised “cheap” fuel.

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JP Morgan: Lessons Learned

Author: Sapp, Stephen
Product Type: Cases
Source: Richard Ivey School of Business
Publication Year: 2012

[This document has not yet been rated] 375 views

Following the revelation of a US$2 billion loss on trading at JP Morgan’s chief investment office in London, the company’s board of directors is tasked with recommending changes to its risk management practices and corporate governance structure...

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CME Group

Authors: Reinhardt, Forest; Weber, James
Product Type: Cases
Source: Harvard Business School
Publication Year: 2011

[This document has not yet been rated] 498 views

CME Group operates the world's largest trading platform for futures and options based on agricultural commodities. New interest in commodities as an asset class, and new regulatory initiatives arising from the recent financial crisis, create an unusual set of opportunities and challenges for its leaders.

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Employee Share Ownership in Unlisted Entities: Objectives, Current Practices and Regulatory Reform

Employee Share Ownership Project

Author: O'Connell, Ann
Product Type: Policy and Issue Reports
Source: The University of Melbourne
Publication Year: 2008

[This document has not yet been rated] 820 views

The project subjects the existing regulatory regime for employee share ownership plans in Australia – in tax, corporate and labour law – to technical and empirical scrutiny. This report considers the objectives and current practice in this area and notes that employee ownership levels tend to be lower for unlisted entities than for listed entities. It also examines the regulatory obstacles to such ownership and makes recommendations for reform to facilitate employee ownership in this area.

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Broad-Based Employee Share Ownership in Australian Listed Companies: Survey Report

Employee Share Ownership Project

Authors: Landau, Ingrid; Mitchell, Richard; O'Connell, Ann; Ramsay, Ian; Marshall, Shelley
Product Type: Policy and Issue Reports
Source: The University of Melbourne
Publication Year: 2009

[This document has not yet been rated] 934 views

The project subjects the existing regulatory regime for employee share ownership plans in Australia – in tax, corporate and labour law – to technical and empirical scrutiny. This research report presents findings from a survey of employee share ownership practice in ASXlisted companies.

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Policy Factors on Environmental and Energy Management

EMSE 220

Author: West, Michael A.
Product Type: Syllabi
Source: George Washington University
Publication Year: 2004

[This document has not yet been rated] 808 views

This course will explore the policy development process from several but integrated perspectives. This course will also analyze a number of case studies demonstrate the emerging realities of environmental and energy policy development over the past decade and how organizations, managers and policy makers are seeking to reconcile them with competing institutional goals and national policy objectives.

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Environmental and Social Disclosure and Data Richness in the Mining Industry

Authors: Peck, Philip; Sinding, Knud
Product Type: Journal Articles
Source: Business Strategy and the Environment
Publication Year: 2009

[This document has not yet been rated] 1096 views

Self-regulation by firms and industries in relation to the environmental impact they cause is not a full substitute for more traditional regulation of environmental externalities.

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Ethical Performance: Best Practice (Autumn 2002)

Author: Institute of Business Ethics
Product Type: Policy and Issue Reports
Source: Dunstans Publishing
Publication Year: 2002

[This document has not yet been rated] 515 views

The summer of 2002 was a watershed for corporate social responsibility.

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Do the SEC's New Rating Agency Rules Have Any Bite?

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles
Source: The Wharton School of the University of Pennsylvania
Publication Year: 2008

[This document has not yet been rated] 764 views

On December 3 the Securities and Exchange Commission approved tighter regulations on the credit rating agencies, hoping curbs on conflicts of interest will prevent the kind of ratings-grade inflation that played such a key role in the credit crisis.

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Responding to Public and Private Politics: Corporate Disclosure of Climate Change Strategies

Author: Toffel, Michael W.
Product Type: Magazine / Newspaper Articles
Source: Harvard Business School
Publication Year: 2008

[This document has not yet been rated] 721 views

Social activists are increasingly attempting to directly influence corporation behavior, using tactics such as shareholder resolutions and product boycotts to encourage companies to improve their environmental performance, increase their transparency about operations and governance, and more stringently monitor their suppliers' labor practices.

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The Myth of Cost-Benefit Analysis

Author: Caruso, Denise
Product Type: Magazine / Newspaper Articles
Source: strategy+business
Publication Year: 2008

[This document has not yet been rated] 1251 views

This example, along with scores like it over the past decades, provides ample evidence that using cost-benefit analysis to determine the value of new regulations isn’t working, and that it’s time to find a better approach.

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The Law and Business of Climate Change

Authors: Cohen, Mark; Vandenbergh, Michael
Product Type: Syllabi
Source: Vanderbilt University
Publication Year: 2006

[This document has not yet been rated] 726 views

This course uses corporate responses to climate change to examine the legal, economic, and social influences on firm environmental behavior.

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World Co Ltd, Japan: Why Go Private?

Author: Misawa, Mitsuru
Product Type: Cases
Source: The University of Hong Kong
Publication Year: 2008

[This document has not yet been rated] 985 views

Early 2005 saw the first hostile takeover in Japan. Financed by foreign capital, the takeover startled Japan's traditional business establishments who now feared that the threat of hostile takeovers had finally become a reality in Japan.

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Corporations as Global Citizens

Global corporations and the developing countries where they invest actually have symbiotic objectives.

Author: Oppenheim, Jeremy M.
Product Type: Journal Articles
Source: The McKinsey Quarterly
Publication Year: 2004

[This document has not yet been rated] 586 views

Not every corporation makes its foreign direct investment contingent on tax breaks, incentives, and regulatory exemptions, but those that negotiate hard with the governments of developing countries may want to rethink that approach...

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Is Google Losing its Soul in China?

Authors: Sevestre, Julie; Som, Ashok
Product Type: Cases
Source: ESSEC Business School
Publication Year: 2006

[This document has not yet been rated] 2171 views

Google after much deliberation entered China in 2006. Before taking the decision of entering China, managers at Google researched the options of doing business in China. They studied the evolution of the Internet industry in China, analyzed its possible competitors, their branding, localization and identity strategy in China and discussed and debated about the consequences of entering China within the context of the role and intervention from the Chinese state...

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Benjamin Moore & Co. Ltd. And the Government of British Columbia's Waste Paint Regulation

Authors: Sexty, Robert W.; Burt, Marie C.
Product Type: Cases
Source: NACRA, North American Case Research Journal
Publication Year: 1996

[This document has not yet been rated] 1409 views

The Government of British Columbia has passed regulations relating to the disposal of waste paint products. Most leftover paint in the hands of consumers was considered a hazardous waste, and there was concern about the harmful effects the disposal of this waste might have on the environment...
 

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Empowering the Bottom of the Pyramid via Product Stewardship: Tetra Pak Entrepreneurial Networks in Brazil

Authors: Orsato, R; Von Zuben, F; Van Wassenhove, Luk
Product Type: Cases
Source: INSEAD
Publication Year: 2007

[This document has not yet been rated] 2171 views

By applying the case, teachers are able to explore: (1) how corporations can minimise the costs of regulations based on extended producer responsibility; (2) the necessary conditions to establish a reverse logistics system for post-consumptive packaging; (3) how product stewardship can influence corporate reputation; (4) how corporate strategies can be used for poverty alleviation; and (5) how environment-driven strategies can generate new management capabilities.

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New Rules in the Chemical Business: Case Study REACH and the Chemical Supply Chain

Author: Wollny, V
Product Type: Cases
Source: University of Applied Sciences Mainz
Publication Year: 2007

[This document has not yet been rated] 1321 views

The case contains exhibits on the chemical industry.

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Getting It Right: Making the Most of an Opportunity to Update Market Regulation

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles
Source: Wharton School of the University of Pennsylvania
Publication Year: 2009

[This document has not yet been rated] 813 views

As the global economic crisis continues, politicians and investors are escalating calls for new regulatory scrutiny of financial markets.

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The Benefit of Self-Regulation Policies

Authors: Short, Jodi L.; Toffel, Michael W.
Product Type: Policy and Issue Reports
Source: strategy+business
Publication Year: 2008

[This document has not yet been rated] 885 views

Self-policing measures can aid performance in firms that have good compliance records, but aren’t likely to improve the standing of companies with a history of regulatory issues.

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Hedging Their Bets: How Hedge Funds Can Curb Critics and Avoid Regulation

Author: Knowledge@Wharton
Product Type: Magazine / Newspaper Articles
Source: Wharton School of the University of Pennsylvania
Publication Year: 2008

[This document has not yet been rated] 890 views

Hedge fund managers oversee $1.9 trillion in assets, but no one knows what they invest in or even what those assets are actually worth.

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The Australian Prudential Regulation Authority, HIH and the NAB (A, B)

Authors: Padula, M.; Alford, J.
Product Type: Cases
Source: The Australia and New Zealand School of Government
Publication Year: 2005

[This document has not yet been rated] 1037 views

Investigations had indicated shortcomings in some of the risk management controls of one of Australia's largest financial institutions, the National Australia Bank.

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The Economics of Regulation and Deregulation

York University: ECON 6120

Author: Tolias, T.
Product Type: Syllabi
Source: York University: Schulich School of Business
Publication Year: 2006

[This document has not yet been rated] 858 views

The course objective is to provide future business professionals and managers with up-to-date theoretical and practical knowledge in an area of government activity with far-reaching consequences for both business performance and consumer welfare.

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Agricultural Biotechnology and its Regulation

Author: Reinhardt, Forest
Product Type: Cases
Source:
Publication Year: 2001

[This document has not yet been rated] 706 views

In the United States, genetically modified corn and soybeans are now widely grown and consumed. In Europe, however, they have been dubbed "Frankenstein foods," shunned by packaged food manufacturers, and subjected to a host of governmental restrictions. This case provides information on the economics and politics of agricultural biotechnology...

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Overcoming Political Opposition: CNG Mandates in Delhi (A, B, C)

Author: Jha, Saumitra
Product Type: Cases
Source: Stanford Graduate School of Business
Publication Year: 2012

[This document has not yet been rated] 94 views

By the early 1990s, New Delhi was the fourth-most polluted city in the world. This case follows India's Supreme Court ruling in 1998 that all buses, taxis, and auto-rickshaws in Delhi be switched to clean fuels by March 31, 2001.

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Regulatory Uncertainty and Opportunity Seeking: The Case of Clean Development

Authors: Kolk, Ans; Mulder, Gerhard
Product Type: Journal Articles
Source: California Management Review
Publication Year: 2011

[This document has not yet been rated] 295 views

This article explores business opportunities that have emerged for different types of companies, including utilities, banks, project development & carbon offset companies, brokers, exchanges, consultants, auditors, and legal services providers with respect to clean development projects and the related carbon market.

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The Business of Innovating: Bringing Low-Carbon Solutions to Market

Author: Hargadon, Andrew
Product Type: Policy and Issue Reports
Source: Pew Center on Global Climate Change
Publication Year: 2011

[This document has not yet been rated] 295 views

The long-term effects of a warming climate are enormously difficult to predict. In the near term, however, new policies, technologies, and market preferences are already altering the competitive landscape of entire industries. That is creating opportunities for companies that effectively produce and manage low-carbon innovations in their markets—and threatening those that, by choice or circumstance, do not.

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The Energetic Society: In Search of a Governance Philosophy for a Clean Economy

Author: Hajer, Maarten
Product Type: Policy and Issue Reports
Source: PBL Netherlands Environmental Assessment Agency
Publication Year: 2011

[This document has not yet been rated] 304 views

To combine economic growth and a pleasant environment, society needs to scale back its resource use and the ensuing pressures on the environment, by a factor of five. The challenge is to do more with less; something for which there is no instant solution. Innovation will be required and may be stimulated by a government that sets clear objectives. This involves a number of key elements, such as promoting a motivating perspective that would stimulate people, introducing dynamic regulations that reward innovation and remove restrictive rules, and being open to learning from society.

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The Precautionary Principle

Authors: Toffel, Michael W.; Aragon, Nazli Z. Uludere
Product Type: Notes
Source: Harvard Business School
Publication Year: 2010

[This document has not yet been rated] 396 views

This note describes the precautionary principle and its key tenets, highlights challenges associated with its use, and includes many examples of its application, primarily within the realm of regulating activities based on the risk of harm to human health and the environment.

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Goldman Sachs: A Bank for All Seasons (A, B, C)

Authors: Goldberg, Lena G.; Obenchain, Tiffany
Product Type: Cases
Source: Harvard Business School
Publication Year: 2009

[This document has not yet been rated] 597 views

Facing the worldwide financial crisis, Goldman Sachs' CEO Lloyd Blankfein considered his options...

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