This paper examines how sell-side equity research companies (brokerage houses) responded to the increased scrutiny of their equity research business regarding conflicts of interest driven by investment bank relationships. This scrutiny materialized in new regulations adopted by the Self-Regulatory Organizations NASD and NYSE, affecting all brokerage houses, and in the Global Settlement, affecti...

Ms. Heitzman addresses in her article the impact of the Administration Simplification statute of the Health Insurance Portability and Accountability Act of 1996 on the protection of health information by third parties to health care transactions. These regulations were enacted, in part, to increase consumers' trust in the health care system. However, their impact on business associates that com...

Citizens, businesses and even public administration institutions have to meet challenges provided by the constantly changing business and legal environment. The complexity and quantity of legislation and regulations is increasing at an alarming rate. So research and development projects must turn to the development of innovative, modern technologies enabling citizens and businesses to easily ac...

The current debate over cost-benefit concerns in agencies’ evaluations of government regulations is not so much whether to consider costs and benefits at all but rather what belongs in the estimated costs and benefits themselves. Overlaid is the longstanding concern that the distribution of costs and benefits needs some consideration in policy evaluations. In a recent article in the University ...

Joint-stock cooperative company is not recognized in Commercial Code of Iran and the amendment bill of the Commercial Code adopted in 1968. This business entity has a unique description because of both being cooperative and having joint stock. It is a joint-stock company that is chartered based on Commercial Code of Iran, amendment bill of the Commercial Code adopted in 1968, and Principle 44 o...

Regulations can have a negative impact on economic behaviour and productivity. The challenge for policymakers is to balance estimated costs with the potential benefits of regulations. One of the key issues is to identify the areas which have the most significant impact on business. This chapter reports new research on the issue of the regulatory burden in Ireland, and identifies some potential ...

This paper presents the integration of two plugins, a declarative process specification generator and a compliance verifier, into the Apromore advanced business process analytics platform. The integrated toolchain has a range of applications of interest to both practitioners and researchers. For example, it can be used in the areas of business process compliance, flexibility and variability. Th...

India's economy has undergone a substantial transformation since the country's independence in 1947. Agriculture now accounts for only one-third of the gross domestic product (GDP), down from 59 percent in 1950, and a wide range of modern industries and support services now exist. In spite of these changes, agriculture continues to dominate employment, employing two-thirds of all workers. Furth...

This paper explores how different credit marketand banking regulations affect business fluctuations. Capital adequacyand reserve requirements are analysed for their effect on the risk of severe downturns. We develop an agent-based macroeconomic model in which financial contagion is transmitted through balance sheets in an endogenous firm-bank network, that incorporates firm bankruptcy and heter...