Corporate Governance in Action

3Regulators

Linda Wedlin, Katarina Buhr and Kerstin Sahlin

Introduction

The global economic crisis of the past decade put significant focus on the issue of regulation, and particularly transnational regulations. Whether seen as part of the cause of the breakdown or a remedy for the problems of global financial markets, regulations of transnational financial institutions and transactions were significantly developed in the wake of the global financial crisis. Even before that, however, many observers had noted the strong, and seemingly increasing, role and presence of regulation in contemporary society, so much so that our time has been dubbed the “golden era of regulation” (Levi-Faur and Jordana 2005). Not only have regulations increased in ...