Business Regulation and Public Policy

The Costs and Benefits of Compliance

  • André Nijsen
  • John Hudson
  • Christoph Müller
  • Kees Paridon
  • R. Thurik

Part of the International Studies in Entrepreneurship book series (ISEN, volume 20)

Table of contents

  1. Front Matter
    Pages 1-36
  2. André Nijsen
    Pages 1-10
  3. Kees van Paridon, Shivant Jhagroe
    Pages 1-15
  4. André Nijsen
    Pages 1-15
  5. Francis Chittenden, Stefano Iancich, Brian Sloan
    Pages 1-17
  6. André Nijsen
    Pages 1-22
  7. Belaid Rettab
    Pages 1-9
  8. Frank A. G. den Butter, John Hudson
    Pages 1-15
  9. Lennart Palm
    Pages 1-13
  10. Peter van Hoesel
    Pages 1-19
  11. Robin Linschoten, Jeroen Nijland, Jaap Sleifer
    Pages 1-12
  12. Back Matter
    Pages 1-36

About this book

Introduction

For years, businesses have complained about the costs of regulatory compliance, arguing for freedom and flexibility through deregulation. On the other hand, society is becoming increasingly aware of the environmental, safety, health, financial, and other risks of business activity. Government oversight seems to be one of the answers to safeguard against these risks. But how can we deregulate and regulate at the same time, without jeopardizing our public goals or acting as a brake on economic growth?  Entrepreneurs are particularly vulnerable: the costs of regulatory compliance may be prohibitive to business development, while the costs of non-compliance may land them in jail.  Today, many instruments are available to assess the effects of laws regulating business. For example, the regulatory impact assessment (RIA), applied primarily in new or planned regulation, contains cost/benefit analysis, cost-effectiveness analysis, risk analysis, and cost assessments.  The major limitation of the RIA is that it is conducted from the perspective of the government.  The underlying theme of this book is that public goals will be achieved more effectively if compliance costs of the addressees—the enterprises—are as low as possible.  Highlighting examples from a wide spectrum of industries and countries, the authors propose a new kind of RIA, the business impact assessment (BIA), designed to improve both business and public policy decision making.  The result is a timely and incisive volume that will appeal to entrepreneurs and business leaders; regulators, lobbyists, and corporate lawyers; and researchers of entrepreneurship and business-government relations.

Keywords

European Union (EU) benefits of compliance business regulation compliance compliance costs currentdev impact of regulation

Editors and affiliations

  • André Nijsen
    • 1
  • John Hudson
    • 2
  • Christoph Müller
    • 3
  • Kees Paridon
    • 4
  • R. Thurik
    • 5
  1. 1.Panteia B.V.ZoetermeerNetherlands
  2. 2.Dept. of EconomicsUniversity of BathBathUnited Kingdom
  3. 3.Inst. Betriebswirtschaftslehre, LS EntrepreneurshipUniv. HohenheimStuttgartGermany
  4. 4.Fac. Social SciencesErasmus UniversityRotterdamNetherlands
  5. 5.CASBEC Room H8-24Erasmus University RotterdamRotterdamNetherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-0-387-77678-1
  • Copyright Information Springer Science+Business Media, LLC 2009
  • Publisher Name Springer, New York, NY
  • eBook Packages Business and Economics
  • Print ISBN 978-0-387-77677-4
  • Online ISBN 978-0-387-77678-1
  • About this book