Management-Based Regulation: Using Private Management to Achieve Public Goals
39 Pages
Posted: 25 Feb 2002
Last revised: 12 Feb 2012
University of Pennsylvania Law School
Northeastern University - Department of Political Science; Harvard University - Harvard Kennedy School (HKS)
Date Written: 2004
Abstract
We examine a rapidly emerging regulatory approach that we label management-based regulation. Management-based regulation shifts the locus of policy discretion from the government regulator to the regulated entity. Government directs private firms to incorporate public goals into their management practices, and provides general guidelines by which private management will be judged. We outline the conditions under which management-based regulation is likely to be an appropriate government strategy and discuss three applications of this approach.
Keywords: Business and Government Policy, Environment and Natural Resources, Law and Legal Institutions, Regulation
Suggested Citation:
Suggested Citation
Coglianese, Cary and Lazer, David, Management-Based Regulation: Using Private Management to Achieve Public Goals (2004). Law & Society Review, Vol. 37, p. 691, 2003; KSG Working Paper Series RWP01-047. Available at SSRN: https://ssrn.com/abstract=297162 or http://dx.doi.org/10.2139/ssrn.297162
