Corpus ID: 32547065

Turning Corporate Compliance Into Competitive Advantage

  title={Turning Corporate Compliance Into Competitive Advantage},
  author={R. Bird and S. Park},
  journal={University of Pennsylvania Journal of Business Law},
  • R. Bird, S. Park
  • Published 2017
  • Economics
  • University of Pennsylvania Journal of Business Law
  • Compliance is a core concern for corporate governance. Firms devote tremendous amounts of money, personnel, and attention to ensure compliance with regulatory mandates — and yet compliance failures proliferate. This is because the current static and binary view of compliance hinders both efficient compliance by firms and effective regulation by government. Understanding the reality that compliance is both dynamic and driven by efficiency empowers firms to evolve past mere conformance and into… CONTINUE READING
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