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Regulation, Governance and Regulatory Collibration: achieving an “holistic” approach

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  • J. Kirkbride
  • S. Letza

Abstract

This paper examines the development of the regulation of corporate governance in the UK. It seeks to identify why the boundaries of law and self‐regulation exist and whether the regulation of corporate governance should now be viewed as a process of collibration rather than a “homeostatic” process of setting unattainable standards. This paper suggests that regulatory developments in the area of corporate governance have taken a substantial new direction; that the boundaries of regulation are no longer determined by the choice between market‐based or state‐based regulation, but determined by a process of collibration.

Suggested Citation

  • J. Kirkbride & S. Letza, 2004. "Regulation, Governance and Regulatory Collibration: achieving an “holistic” approach," Corporate Governance: An International Review, Wiley Blackwell, vol. 12(1), pages 85-92, January.
  • Handle: RePEc:bla:corgov:v:12:y:2004:i:1:p:85-92
    DOI: 10.1111/j.1467-8683.2004.00345.x
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    References listed on IDEAS

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    1. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
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    Cited by:

    1. M. A. Gulzar & Jacob Cherian & Jinsoo Hwang & Yushi Jiang & Muhammad Safdar Sial, 2019. "The Impact of Board Gender Diversity and Foreign Institutional Investors on the Corporate Social Responsibility (CSR) Engagement of Chinese Listed Companies," Sustainability, MDPI, vol. 11(2), pages 1-19, January.
    2. Tianjian Yang & Ye Li & Simin Zhou & Yu Zhang, 2019. "Dynamic Feedback Analysis of Influencing Factors and Challenges of Dockless Bike-Sharing Sustainability in China," Sustainability, MDPI, vol. 11(17), pages 1-17, August.
    3. Rosemary Morgan & Tim Ensor, 2016. "The regulation of private hospitals in Asia," International Journal of Health Planning and Management, Wiley Blackwell, vol. 31(1), pages 49-64, January.
    4. Nam C. Nguyen & Ockie J. H. Bosch, 2014. "The Art of Interconnected Thinking: Starting with the Young," Challenges, MDPI, vol. 5(2), pages 1-21, August.
    5. Franklin Nakpodia & Emmanuel Adegbite & Kenneth Amaeshi & Akintola Owolabi, 2018. "Neither Principles Nor Rules: Making Corporate Governance Work in Sub-Saharan Africa," Journal of Business Ethics, Springer, vol. 151(2), pages 391-408, August.

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