 Understanding Compliance with Laws and Regulations: A Mechanism-Based ApproachAnthony Bottoms ()
Chapter Chapter 1 in Financial Compliance, 2019, pp 1-45 from Springer Abstract: Abstract This introductory chapter aims to provide an in-depth theoretical account of the ways in which legal and regulatory compliance can occur. Following the recommendations of analytical sociologists, a mechanism-based approach is adopted, in order to explain how and why compliance occurs in various situations. Four principal mechanisms of legal compliance are identified: they are instrumental (or prudential) compliance; normative compliance; situational compliance; and compliance based on habit or routine. Within the first three of these mechanisms, important sub-types are also identified: for example, within normative compliance are the sub-types of compliance through legitimacy, normative belief, normative attachment and normative cues. Interactive effects between the principal mechanisms are also discussed. A brief comparison is made between this explanatory approach and Nielsen and Parker’s Holistic Compliance Model of regulatory compliance. Keywords: Social mechanisms; Instrumental compliance; Normative compliance; Situational compliance; Nielsen–Parker holistic compliance model (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-14511-8_1 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-14511-8_1 Access Statistics for this chapter More chapters in Springer Books from Springer |
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