Government, Business and Regulation
Author(s)
Hollander, Robyn
Griffith University Author(s)
Year published
2019
Metadata
Show full item recordAbstract
Governments have long had the role of establishing and maintaining the rules that shape the behaviour of individual firms and the economy as a whole. It would be no exaggeration to say that without regulation, businesses as we know them could not operate. Indeed, it is hard to imagine a functioning economy without a standardised currency, fixed weights and measures, enforceable commercial contracts and so on. In addition to these economy-wide measures, governments have also, over the centuries, enacted measures regulating specific industries, trades and activities. While regulation has always been a fact of life for business, ...
View more >Governments have long had the role of establishing and maintaining the rules that shape the behaviour of individual firms and the economy as a whole. It would be no exaggeration to say that without regulation, businesses as we know them could not operate. Indeed, it is hard to imagine a functioning economy without a standardised currency, fixed weights and measures, enforceable commercial contracts and so on. In addition to these economy-wide measures, governments have also, over the centuries, enacted measures regulating specific industries, trades and activities. While regulation has always been a fact of life for business, it has become even more important in recent years as business has become responsible for the delivery of more and more key services. Regulation has also followed business trends and become more globalised. Somewhat ironically, at the same time as regulation has become a more important function of government, governments have also been under pressure to reduce regulation under the slogan of (cutting red tape'.
View less >
View more >Governments have long had the role of establishing and maintaining the rules that shape the behaviour of individual firms and the economy as a whole. It would be no exaggeration to say that without regulation, businesses as we know them could not operate. Indeed, it is hard to imagine a functioning economy without a standardised currency, fixed weights and measures, enforceable commercial contracts and so on. In addition to these economy-wide measures, governments have also, over the centuries, enacted measures regulating specific industries, trades and activities. While regulation has always been a fact of life for business, it has become even more important in recent years as business has become responsible for the delivery of more and more key services. Regulation has also followed business trends and become more globalised. Somewhat ironically, at the same time as regulation has become a more important function of government, governments have also been under pressure to reduce regulation under the slogan of (cutting red tape'.
View less >
Book Title
Understanding Government Business Relations in an Unpredictable World (Pearson Original Edition)
Publisher URI
Copyright Statement
Self-archiving is not yet supported by this publisher. Please refer to the publisher website or contact the author(s) for more information.
Subject
Commerce, Management, Tourism and Services