Information, Incentive And The Institutional Choice For Financial Regulation

As the influence of financial regulation on economic and financial activities is becoming more crucial, the Regulation institution and its level are more important for a country's overseas business and overall economy system to run smoothly and develop stably. The different Regulation institution itself means different policy rule, so selecting an appropriate Regulation institution is the key point in a country's finance development history.In recent years, the developed countries, such as UK and USA, have taken some new practices and experiments on the choosing of financial Regulation institution. For example, the USA strengthened the Regulation level on information disclosure, UK Finance Service Bureau successfully started the reform, and some developing countries and reforming countries took efforts in financial reforms, etc. These practices and experiments not only spur the people to re-recognize and re-manage financial risk problems and to select appropriate financial Regulation institution, but also provide new envision and direction for theoretical research.For developing countries, financial regulation problems become more crucial as for the international frequent financial crises began from 1990s. Therefore, selecting appropriate financial Regulation institution is a very big problem for developing countries policy bureaus.The thesis begins with the introduction of financial regulation institution, the history of financial regulation institution theories, and the rationalization of such theories and...