Cultural Differences between U.S. Federal Financial Regulators and Implications for Interagency Collaboration

Jae Jin Im

International Review of Public Administration, 2013, vol. 18, issue 2, 109-144

Abstract: The problematic collaboration between the Commodity Futures Trading Commission and the Securities and Exchange Commission is a recurrent issue in U.S. financial regulatory reform. For enhanced interagency collaboration, this study deals with the important but neglected issue of cultural differences between the agencies, departing from the typical structural and legal viewpoints. As the result of a qualitative analysis, the study found substantive cultural differences between the agencies in terms of three categories: priority of mission, attention to information disclosure, and dominant professional culture. This finding implies that the limited collaboration between the agencies probably has resulted from their cultural differences, and that such cultural differences should be reconciled to improve collaboration in the future.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/12294659.2013.10805255 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rrpaxx:v:18:y:2013:i:2:p:109-144

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RRPA20

DOI: 10.1080/12294659.2013.10805255

Access Statistics for this article

International Review of Public Administration is currently edited by Ralph Brower

More articles in International Review of Public Administration from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().