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In exploring a more comprehensive approach to enhancing accountability within financial markets, a unique approach to governance is posited, distin...
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In exploring a more comprehensive approach to enhancing accountability within financial markets, a unique approach to governance is posited, distinguishing between the need for improving both regulatory and accountability "regimes." While the rhetoric of reform calls for improvements in responsible behavior through accountability, actual proposals are focused on mechanisms of control through regulatory regimes. The development of a model for analyzing accountability regimes (based on Hood et al) is initiated.
This ms was prepared for publication in Iain McNeil and Justin P. O'Brien (eds.), THE FUTURE OF FINANCIAL REGULATION (Oxford: Hart Publishing, forthcoming) (2009).
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