Theories of Regulation and Changes in Regulation
The Case of Financial Markets
Bibliographic Data
| ID | 6344601 |
|---|---|
| Authors | Michael Moran (0000-0001-6900-0015, University of Manchester) |
| Year | 1986 |
| Volume | 34 |
| Issue | 2 |
| Pages | 185-201 |
| Publication date | 1986-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Political Studies (JOURNAL) |
| Journal identifiers | ISSN: 0032-3217 • E-ISSN: 1467-9248 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1111/j.1467-9248.1986.tb01590.x |
| OpenAlex | W2162403943 |
| Language | EN |
| Citations received | 12 |
| References cited | 3 |
A definition of regulation is offered and the relevance of regulatory theory to understanding change in financial markets is explained. The nature of financial change is sketched. Four major sets of regulatory theories are outlined—teleological, cultural, instrumental and administrative. The adequacy of each in explaining recent changes in securities markets in Britain and the United States is assessed. The article concludes that some cultural and administrative theories perform best, and argues that in the United Kingdom and the United States there is a convergence of regulatory styles
Convergence (economics · Economics · Financial market · Financial regulation · Law and economics · Macroeconomics · Political science · Positive economics · Relevance (law · Teleology · Accounting · Banking stability, regulation, efficiency · Finance · Global Financial Regulation and Crises · Law · Regulation and Compliance Studies
Visible Hands
What Is the International Best Practice for Regulation of Financial Markets? From A Legal and Practical Perspective
The Emerging Post-Crisis Financial Architecture
Keeping governments out of politics
Lopsided lobbying? Regulatory opportunism and the Office of the Commissioner of Lobbying
Government policies for corporate social responsibility in Europe
Towards a European regulatory state
Lobbying under Pressure
Uber Über regulation? Regulatory change following the emergence of new technologies in the taxi market
Michael Moran, 1946–2018
Following up on interests
Setting the rules
| Unique citing works | 12 |
|---|---|
| Citations per year | 0,35 |
| Citation span | 1992 - 2024 (33) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 12 |