For many firms, government interaction expansive that influence the behavior of firms and the structure of the industry. Visible hand of the government, in the form of regulatory scheme plays an important role in the affairs of the company, together with the invisible hand of market forces. Deregulation and regulatory reform has changed, but not eliminate government interference. In such regulated environments, successful business strategy requires an understanding of the objectives and the specific regulatory involvement regulatory institutions. This note identifies some of the functions provided by the regulatory agencies, as well as the more important aspects that distinguish specific institutional approaches to regulation. Understanding the common features is important for managers interested in what approaches provide opportunities for long-term involvement of the private sector. Understanding of the institutional differences is important for the development of specific strategies for success in business. This note discusses the various regulatory solutions: targets for regulatory intervention, economic and legal frameworks, as well as different ways to implement a regulatory system with the design decisions in the independence of regulatory authorities, decision-making, and industry "Hide <. br /> by Alexander Dyck, Indra A. Reinbergs 16 pages. Publication Date: March 21, 2002. Prod. #: 702054-PDF-ENG
Related Case Solutions & Analyses:
The Key to Social Media Success Within Organizations
Capro Group: Growth Story
Braddock Industries Inc.
Arcor: Global Strategy and Local Turbulence (Abridged)
J.-Robert Ouimet and Tomasso Corporation
Yue Yuen Industrial (Holdings) Limited: (A) Making 200 Million Pair of Shoes a Year and Growing
Rong Family: Chinese Business History
Coastal Ventures Limited Partnership: Balancing a Sustainable Investment Strategy with a Social Mission
Relational Quality: Managing Trust in Corporate Alliances
Why All Companies Need a Data Experience Designer
