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Research on the Practice Path of Corporate Compliance Based on the Perspective of Incentive Regulatory Theory

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DOI: 10.23977/emels2021.014

Author(s)

Jia Li

Corresponding Author

Jia Li

ABSTRACT

Corporate compliance is a popular topic with the construction of modern enterprise system. Achieving the compliance goal in a company is not only beneficial for the corporate governance, but also necessary for the development of healthy markets. Currently China has not established comprehensive corporate compliance system yet and been challenged during the process of trades with multinational companies. The public regulatory agencies mainly produce prohibitions to deter companies from violation or crime. The discussion about the practice path of corporate compliance explores the way of changing the traditional regulation into incentive regulation, which aims to encourage companies to establish compliance system actively

KEYWORDS

Corporate compliance, corporate governance, incentive regulation

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