Doctoral Dissertation Research: Voluntary Firm Practices and Paths to Regulation

博士论文研究：自愿公司实践和监管路径

• 批准号: 1002629
• 负责人: David Stark
• 金额: $ 0.94万
• 依托单位: Columbia University
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2010
• 资助国家: 美国
• 起止时间: 2010-04-01 至 2011-03-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1002629&HistoricalAwards=false
• 关键词: Doctoral; Dissertation; Research; Voluntary; Firm

SES#: 1002629PI: David C. StarkCo-PI: Dennis BoguszColumbia UniversityWhy do regulators mandate practices that firms already employ voluntarily? In the research, a dataset will be created of regulations, stock market listing rules and corporate governance standards from the United States and nine other countries. Voluntary practices will be ascertained from annual reports and other corporate disclosures from roughly 1500 listed companies headquartered in the focal countries. Data for both regulations and voluntary practices span the period from 1989 to 2008. Qualitative comparative analysis will explain the various paths to regulation, both within and between the countries, through combinations of causal conditions. Foremost is the prevalence of originally voluntary practices. Additional conditions that explain the transition to regulation include a history of corporate governance scandals, capital market development, and the political and legal framework of each country. BROADER IMPACTS: The resulting dataset will become a valuable research tool for other scholars keen on understanding regulatory change partially rooted in firm behavior. Further, this research stands to benefit industry leaders, regulators and policymakers by elucidating relationships in the capital markets that, although often overlooked, are key to regulatory reform.

SES#：1002629PI：David C. StarkCo-PI：Dennis Bogusz哥伦比亚大学为什么监管机构强制要求公司已经自愿采用的做法？在这项研究中，将创建一个包含美国和其他九个国家的法规、股票市场上市规则和公司治理标准的数据集。自愿行为将通过总部位于重点国家的大约 1500 家上市公司的年度报告和其他公司披露信息来确定。监管和自愿实践的数据跨越 1989 年至 2008 年。定性比较分析将通过因果条件的组合解释国家内部和国家之间的各种监管路径。首先是原本自愿的做法盛行。解释向监管过渡的其他条件包括公司治理丑闻的历史、资本市场的发展以及每个国家的政治和法律框架。更广泛的影响：由此产生的数据集将成为其他热衷于理解部分源于企业行为的监管变化的学者的宝贵研究工具。此外，这项研究阐明了资本市场中的关系，使行业领导者、监管机构和政策制定者受益，尽管这些关系经常被忽视，但却是监管改革的关键。