Volume 10, 1999
Proceedings of the Tenth Annual Meeting
Lawrence J. Lad, Jill Rothenbueler, Sakthi Mahenthiran
Rethinking Regulatory Responsibilities in a Global Economy
Integrating Lessons from Internet Self-Regulation and Professional Attestation
This paper focuses on the emerging role of industry and professional self-regulation as a vital mechanism in the regulatory mosaic needed for the global economy. It extends previous discussions of industry and professional self-regulation by Gupta and Lad (1983), Lad (1992), and Garvin (1983), to include concepts from systems and organization design (Kridel, 1995), and governance (Williamson, 1997) and applies them to regulatory issues emerging in Internet commerce and accounting standards.