The longstanding debate about government oversight is giving way to a new understanding of how to craft more effective industry rules.
Analysis of the Multilateral Memorandum of Understanding suggests investors take comfort in regulatory cooperation between countries.
Regulation of pricing transparency at US hospitals can give the appearance of lowering costs, but research suggests that the payments made by patients and their insurers for five representative medical procedures have not decreased.
Public audit oversight enhances investor trust in financial reports
Even when transparency improves, the costs may outweigh the benefits to shareholders.