Do Businesses Take Compliance Seriously?

50 Pages Posted: 23 Nov 2006 Last revised: 13 Aug 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: 2006

Abstract

For the last fifteen years the Australian Competition and Consumer Commission (ACCC) has actively encouraged, and sometimes forced, Australian businesses to implement internal competition and consumer protection compliance programs in order to improve compliance amongst a wider range of businesses than can be reached by enforcement action alone. Have Australian businesses implemented the type of internal management systems and controls that the ACCC, industry best practice and research evidence see as desirable for trade practices compliance? This paper presents data from a survey of 999 of the largest Australian businesses on the extent to which they have implemented trade practices compliance systems. These data show that on the whole Australian business implementation of trade practices compliance systems is partial, symbolic and half-hearted. But ACCC enforcement action does improve compliance system implementation.

Keywords: compliance, ACCC, Australia, business

JEL Classification: K22

Suggested Citation

Parker, Christine and Nielsen, Vibeke Lehmann, Do Businesses Take Compliance Seriously? (2006). Available at SSRN: https://ssrn.com/abstract=946850 or http://dx.doi.org/10.2139/ssrn.946850

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

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
301
Abstract Views
2,035
rank
108,301
PlumX Metrics