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15 S.C. J. Int'l L. & Bus. 1 (2018-2019)
Corporate Culture and Competition Compliance in East Asia

handle is hein.journals/scjilb15 and id is 8 raw text is: 





CORPORATE CULTURE AND COMPETITION COMPLIANCE
                     IN EAST ASIA

                     Jingyuan Ma*
                     MelMarquis**

                       Abstract
Efforts to secure  competition law  compliance  among
commercial  operators  can usefully be tailored in a way
that takes account  of cultural characteristics.  Since
culture forms  part  of  the conditions  in  which  the
development  ofa robust and credible compliance system
occurs, it makes sense to approach compliance  issues in
a manner  sensitive to that cultural background. In the
context of East Asian enterprises, this implies a need to
take account of the legacy of Confucian ethics, which has
had   a profound   influence  on  the psychology   and
behavior of commercial  organizations in the region. The
importance  of that legacy suggests that compliance will
not be achieved  within East Asian  firms solely on the
basis of the external legal environment, an environment
in which  deterrence-oriented factors such as sanctions
and  the threat of detection play a central role. More




    * Jingyuan Ma, Ph.D, is Assistant Professor at Central University of
Finance and Economics in Beijing.
    ** Mel Marquis, Ph.D, is Part-time Professor ofLaw at the European
University Institute in Florence and Professore a contratto at LUMSA
University in Rome. The authors thank the editors for their helpful
assistance with the manuscript of this article.


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