According to the paradox, the firms in general comply with ecological standards in spite of the fact that:
The rational firms will comply to the standards only in case the expected fine is higher than the cost of compliance.
He said the firm had complied with all ethical guidelines.
Among the changes will be a stronger compliance department, which is responsible for making sure that the firm complies with securities regulations.
The regulators discovered that the firms were not complying with the rules during their investigation into possible conflicts of interest among stock analysts.
Typically, if a firm does not comply with the minimum wage, a settlement is made between the firm and the affected worker.
In Korea, industrial policy had clear priorities and had used political power to make sure that firms complied with what the planners wanted.
The request was a first, Mr. Sears says, but a direct-mail firm easily complied.
When the firm didn't comply, he threatened to send out 6 million spam emails.
The FDA expects that most individuals, firms, and government establishments will voluntarily comply with the law.