A Philosophical Perspective on the Regulation of Business ABSTRACT: The paper compares the Anglo-American and continental legal systems in parallel with a comparison of the philosophical foundations for each. The defining philosophical distinction between the two legal traditions (viz., the Anglo-American system is predicated on idealism and the continental system on materialism) is shown to influence the way in which criminal justice is handled by the two systems as applied to citizens, and how
Business Entity Regulations Business activity may be conducted through a variety of organizational structures or entities. Whichever business structure is selected will determine the legal requirements or regulations with which the business owner is required to comply. In selecting an organizational structure, protecting the business owner from liability is a primary consideration. “Other considerations are the transferability of ownership rights, the ability to continue as a business in the event
sources for purchasing goods. Just as consumers are realizing the importance of social media, businesses have turned to using social media as a filter to reach their business and marketing goals. As the business environment changes, businesses are focusing on legal astuteness, alternative dispute resolutions and government regulation. Social media market managers recognize the importance of legal astuteness. “Legal astuteness […] is a valuable managerial capability that enables firms to increase realizable
upon the environm... ... middle of paper ... ...oing green pays off. USA Today. Retrieved from http://www.usatoday.com/money/industries/environment/2008-05-20-green- companies_N.htm Meyer, S.M. (2002). The Economic Impact of Environmental Regulations. Retrieved from http://web.mit.edu/polisci/mpepp/Reports/eier.pdf Özler, S., & Obach, B. (2009). Capitalism, state economic policy and ecological footprint: An international comparative analysis. Global Environmental Politics, 9(1), 79-108
Internet Regulation Internet Regulation is something that needs to be a part of everyone’s lives. People have always been falling into traps online that get them into a huge mess. Ever since the internet has started, the government hasn’t been interested in regulating the internet. I know for a fact that people need to step up and help change what the government doesn’t. Internet regulation is what the people need to go through the internet with ease. Many people would live safer and more secure
qualified. Well qualified business will most likely to run much better. Social regulations include anti discrimination laws, environmental regulations, and work-place safety rules (Katznelson 318). This helps a lot because of social regulations; jobs cannot hire employees because of their race, sex, sexual orientation. In addition, this regulation helps employee work in safe environments and not hazard places where they can become very ill or hurt. This is why regulations are important, they help
capital and liquidity requirements by scaling down their businesses and strategically evaluating their choice of customers, products and geographies. To a certain extent simplification of banking business is positive since leading up to the crisis, bank balance sheets were undoubtedly too big, business models were too complex, leverage was too high and risk models were inadequate and to handle the extreme events that occurred. However the required changes will inevitably lead to lower returns. Although
The import and export business is an ideal occupation for those individuals who know how to sell, but who also have a diplomatic and engaging character. As sales and distribution agents in one or more countries for overseas manufacturers, importers and exporters are the matchmakers of international trade. Import and export are high-risk businesses that are vulnerable to sudden changes in politics, economics and legislation. There are many risks for an exporter and importer that can be summed up as
In the case of Australian Competition and Consumer Commission, mainly focused in to the protection of small business groups in Australia, from the predatory pricing strategy and the ACCC have a support of law Trade Practices Act 1974. But the issues is concerned with the power of ACCC to make changes in the policy of anti-competitive behaviour, according to ACCC
Regulation became a big thing in late nineteenth and early twentieth century American society, better known as the Progressive Era. The Progressive Era was a period that showed the goals and hardships that American society experienced in the early twentieth century. Such as big businesses using tricks and schemes that maximized their profits and benefited them but neglected the safety and convenience of the consumer/customer. In other words, companies were cutting corners, they were sending out low
Regulation of Industry: When does an industry need to be regulated and when should the market be left to determine price and product? The topic of what role the government should have concerning Canadians using alternative types of transportation services is a controversial issue in today’s society. Historically, the taxi industry has been tightly regulated and has gone without major competition until recently, with the creation of ride sharing services. Since its creation in 2009, Uber is the
of the Constitution. From the past, corporations had been looking for a way to control state regulation and taxation. They did, by being able to control it by having the federal government say you can't discriminate, when discrimination meant any rule that applied just to corporations, such as railroads. Because Corporations cannot be trusted to voluntarily protect the environment, they require regulation. Whenever we fight for clean drinking water, or clean air, or a safe workplace, we are likely
When launching a business in Canada, business owners, operators and their corporate leaders must be attuned to risk, including an awareness of the complicated and interrelated regulatory environment in Canada. Nowadays, governments use a variety of regulatory instruments to implement programs and other agendas. As we know, the use of regulations by governments has both costs and benefits. There are many kinds of regulatory environment such as economic regulation, social regulation and administrative
era of republican control. It occurred from 1920 – 1929. This was a period of a time of higher wages, more business, and the new paradigm shift to consumerism. A reason that economic expansion in the 1920s occurred was the view of businessmen that helped in supporting during the First World War allowing them to start mergers and less regulation. “The wartime contributions of business managers and the return of prosperity in 1922 gained them renewed respect. Encouraged by federal permissiveness
the United States of America faced business regulations. During the 19th century, when the American economy became more industrialized, and grew to a world power, the federal government passed business laws, that favored social reforms over the interests of big business. In the 20th century government involvement in business continued to expand. So made Roosevelt’s “New Deal” legislation effectively the federal government the countries largest regulator of business and the economy, after the great
taken to the court and fined. Advertisers need to follow the rules to stay in competition and do not lose customers. There are 2 types of regulations; Self-regulation is empowered by social responsibility which an individual or organisation who has the rights to act for the benefit of the society at large, social responsibility is not just aimed at the business organisation who has impacted the society but also involves everyone in the environment. (ASA and CAP, 2018) This is a non-broadcast advertising
Canadian Food Inspection Agency (CFIA) is a global leader in regulating food, animal and plant health and safety. The federal regulations apply only to producers who want to use the Canada Organic label and for those who sell organic products across provincial, territorial or international borders. For products produced and sold in the same province, provincial regulations apply. The Canadian Food Inspection Agency was created in 2009 in conjunction with the growing demand of the organic industry
telecommunications industries. Companies within theses industries are notorious for price fixing, lack of innovation, and competition. These problems are prevalent because of the barriers to entry the new players face such government regulation, the cost of doing business, and infrastructure. Overall I believe monopolies are a good and bad
Regulation for Conservatives: Behavioral Economics and the Case for “Asymmetric Paternalism” To begin to understand this article we must first define what the authors mean by asymmetric paternalism. According to the Oxford Dictionary, asymmetric is without symmetry or not divided equally. The definition of paternalism states that it is behaving in a paternal way or limiting freedom and responsibility by well-meant regulations. The authors state that the paternal regulations discussed are those developed
transmission, distribution and supply), could be divided into separate corporations responsible for each activity and open to competition. After the privatisation of the electricity industry, a regulatory office was created, the Office of Electricity Regulation - also known as Offer. The need for regulatory bodies such as Offer can be explained for example by the requirement of preventing unfair competition when several companies work in the same fields or provide customers the same service, or the need