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La Experiencia Chilena Disuadiendo Ilícitos Corporativos, Diego G. Pardow
La Experiencia Chilena Disuadiendo Ilícitos Corporativos, Diego G. Pardow
Diego G. Pardow
This paper analyzes the investigations on potential misconducts conducted by the Chilean public enforcer (Superintendencia de Valores y Seguros, “SVS”) between 1990 and 2012. The evidence reveals two groups of problems: on the one hand, the SVS has leaved a substantial region of the market unmonitored; on the other hand, the level of specific deterrence is generally low and relies greatly on indirect mechanisms of punishment. Such results suggest that future reforms should facili- tate private enforcement on both the extensive and the intensive margin. Whereas improving the performance of the SVS on the extensive margin should mitigate its monitoring …
Fiscalizacion Y Transparencia En Las Empresas Del Estado, Diego G. Pardow, Rodrigo Vallejo
Fiscalizacion Y Transparencia En Las Empresas Del Estado, Diego G. Pardow, Rodrigo Vallejo
Diego G. Pardow
This note is a comment on Chilean precedents about the political mechanisms to control state-owned enterprises.