The Challenge of Empirical Research on Business Compliance in Regulatory Capitalism

Posted: 4 Jun 2010 Last revised: 20 Feb 2014

See all articles by Christine Parker

Christine Parker

Melbourne Law School, University of Melbourne

Vibeke Lehmann Nielsen

University of Aarhus - Department of Political Science

Date Written: December 1, 2009

Abstract

Regulatory capitalism — a social, political, and economic order characterized by a proliferation of both markets and state and nonstate attempts to regulate markets and business conduct — creates the opportunity for theoretically and politically significant research on compliance. The plural and decentered nature of regulation, and therefore of compliance, in regulatory capitalism creates significant complexity and difficulty for social scientists in the conceptual definition and operationalization of regulatory compliance, however. We survey the different ways in which empirical researchers have studied business compliance with regulation, and their strengths and weaknesses. In doing so, we review and interrogate the literature on regulatory compliance to understand what it is that researchers study when we study business compliance with regulation, and what we might have been missing or assuming.

Suggested Citation

Parker, Christine and Nielsen, Vibeke Lehmann, The Challenge of Empirical Research on Business Compliance in Regulatory Capitalism (December 1, 2009). Annual Review of Law and Social Science, Vol. 5, pp. 45-70, 2009. Available at SSRN: https://ssrn.com/abstract=1599995 or http://dx.doi.org/10.1146/annurev.lawsocsci.093008.131555

Christine Parker (Contact Author)

Melbourne Law School, University of Melbourne ( email )

University Square
185 Pelham Street, Carlton
Victoria, Victoria 3010
Australia

HOME PAGE: http://law.unimelb.edu.au/about/staff/christine-parker

Vibeke Lehmann Nielsen

University of Aarhus - Department of Political Science ( email )

Bartholins Allé è
DK-8000 Aarhus, 8000
Denmark

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