Making regulation work better
The underpinnings of our regulation are due for a rethink, believes Professor Chris Hodges
Posted 15 February 2023 | JoTS Online
Content Tags: Analysis|Academic Research|National
ANALYSIS: Professor Chris Hodges argues that regulation works best when it focuses less on outputs and punishment, and more on trust, cooperation and real-world outcomes. Drawing on aviation, finance and Trading Standards, he makes the case for outcome-based cooperative regulation that supports ethical cultures while retaining consequences for serious wrongdoing.
Professor Chris Hodges is perhaps the UK’s foremost authority on regulation – and, specifically, on making regulation better. Through his work at the Centre for Socio-Legal Studies at the University of Oxford, his chairmanship of the Regulatory Horizons Council and his many books – including, most recently, Outcome-Based Cooperation In Communities, Business, Regulation, and Dispute Resolution, ...
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