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@article{ART001938124},
author={Jina Bak},
title={The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2014},
volume={23},
number={2},
pages={117-144}

TY - JOUR
AU - Jina Bak
TI - The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord
JO - Journal of Regulation Studies
PY - 2014
VL - 23
IS - 2
PB - 한국규제학회
SP - 117
EP - 144
SN - 1738-7132
AB - This study analyses the factors that affect the application of Basel Accord in global regulatory governance. This analysis aims to identify the determinants that play role in the introduction of the soft law regulation. With the case of Basel Accord established by Basel Committee on Banking Supervision, the analysis conducted with data of 81 countries by utilizing logistic regression. The results can be summarized as follows. First, it reveals that the countries have higher level of social globalization also have high possibility of introducing the Basel Accord. Second, it shows that the countries have more advanced system in law and institution will have significant impact on applying the regulation. Third, in terms of the macro-economic conditions, the economic freedom in the business sector affects the introduction of the regulation. Therefore, the results imply that the countries that are more globalized, have more advanced legal and institutional systems, and have more freedom in the business sector will adopt the regulation.
KW - Soft Law;Basel Accord;Global Regulatory Governance
DO -
UR -
ER -

Jina Bak. (2014). The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord. Journal of Regulation Studies, 23(2), 117-144.

Jina Bak. 2014, "The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord", Journal of Regulation Studies, vol.23, no.2 pp.117-144.

Jina Bak "The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord" Journal of Regulation Studies 23.2 pp.117-144 (2014) : 117.

Jina Bak. The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord. 2014; 23(2), 117-144.

Jina Bak. "The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord" Journal of Regulation Studies 23, no.2 (2014) : 117-144.

Jina Bak. The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord. Journal of Regulation Studies, 23(2), 117-144.

Jina Bak. The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord. Journal of Regulation Studies. 2014; 23(2) 117-144.

Jina Bak. The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord. 2014; 23(2), 117-144.

Jina Bak. "The Determinants of the Introduction of Soft Law Regulation: The case of Basel Accord" Journal of Regulation Studies 23, no.2 (2014) : 117-144.