The impact of the US legislation on company measures of control and prevention |
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| Authors: | Kai-D Bussmann Sebastian Matschke |
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| Institution: | (1) Faculty of Law and Economics, Martin-Luther-University Halle–Wittenberg, Halle, Germany |
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| Abstract: | The spectacular business scandals in recent years have led both the legislative and business companies to rethink and redesign
their strategies. This article analyzes the worldwide impact of reforms in economic crime legislation emanating from the USA.
Empirical data are reported showing that the US regulations are generating a spillover effect spreading beyond its sphere
of operation. It is particularly notable that international stock-exchange-listed companies are orienting themselves increasingly
toward the legal standards of the USA.
Translated from the German by Jonathan Harrow, Bielefeld.
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