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
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