Ethical business practice and regulation : a behavioural and values-based approach to compliance and enforcement / Christopher Hodges, Ruth Steinholtz.
By: Hodges, Christopher J. S [author.]
.Contributor(s): Steinholtz, Ruth N [author.].Series: Civil justice systems: volume 6.Publisher: Oxford : Hart Publishing, 2017Description: xxxvii, 313 pages : illustrations.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781509916368; 9783406719110; 9781509916375; 9781509916382.Subject(s): Corporate governance -- Law and legislation -- Moral and ethical aspects | Commercial law -- Moral and ethical aspects | Business ethics | Tort liability of corporationsDDC classification: 174.4 | Item type | Current library | Class number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|
| Book | House of Lords Library - Palace Dewey | 174.4 HOD (Browse shelf(Opens below)) | Available | 015215 |
Includes bibliographical references and index.
Why do people conform to rules or break them? Piecing together the evidence -- Characteristics to build on -- The traditional way of enforcing the law : deterrence -- Fair and proportionate measures -- The need for cooperation -- Trust within and in organisations -- How to learn and improve performance : an open culture without blame -- Why should we be ethical? ethical business practice as sound commercial strategy -- The status of corporate governance -- The status of regulatory policy -- Ethical business regulation -- Developing examples of ethical regulation -- The cultural and leadership framework for ethical business practice in organisations -- The ethics and compliance framework : values orientation.
This book explains the concepts of Ethical Business Practice (EBP) and Ethical Business Regulation (EBR), a new paradigm in compliance and enforcement based on behavioural science and ethics. EBR provides the basis for an effective relationship between a business and its regulators, resulting in better outcomes for both. EBR is attracting extensive attention from regulators and businesses around the world. The UK Government's 2017 Regulatory Futures Review draws on EBR as the foundation for its policy of 'regulatory self-assurance'. EBR draws on findings from behavioural science, responsive regulation, safety and business and integrity management to create a practical and holistic approach. Examples include the open culture that is essential for civil aviation safety, the Primary Authority agreements between regulators and national businesses, and feedback mechanisms provided by market vigilance systems and sectoral consumer ombudsmen. This book provides an essential blueprint for sustainable business and effective future regulation. Taken from back cover.