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VOL. 12, ISSUE 1 (2026)
Corporate governance legal economy and administrative and economic regulation
Authors
Dr. Nazem Jawad Al-Maamouri
Abstract
This research is an effort to analyze the integrated framework of corporate
governance through the study of the legal, economic and regulatory aspects that
govern its application. The research departs from a basic issue, that is the
insufficiently integrated legal rules and administrative and economic
regulatory mechanisms in the corporate governance practice, and therefore the
failure to apply the principles of transparency and accountability, the low
utilization of legal economics in the interpretation of senior management
behaviour, and the overlapping of the powers of regulatory authorities. The
significance of the study is that it emphasizes the legal and economic aspects
of governance as a single system, closes the knowledge gap regarding the role
of legal economics in the regulation of institutional behaviour, provides the
decision, makers and regulatory bodies with the necessary support in the
drafting of legal and regulatory frameworks, and becomes a vehicle for
lessening corruption and mismanagement through the strengthening of
administrative and economic regulation.The study relied on several major
assumptions, among which were the following: an effective legal framework
grounded on the principles of the legal economy contributes to better
governance; clear and consistent administrative regulation facilitates the efficiency
of oversight and institutional accountability; and, finally, that a well,
balanced economic regulation plays a significant role in market stability and
the increase of investor confidence. It was also stated that poor coordination
between legal and regulatory frameworks aggravates the situation by causing
inconsistencies in the application of governance.The study findings pointed
to the fact that good governance would need a
single plan that would entail not only the strengthening
of internal administrative regulation through well, defined
oversight structures but also the strengthening of external economic regulation
through policies and laws that are stable and ensuring that
there is consistency between them within a transparent legal
framework. The findings emphasized that such a merger
is the stabilizing factor of institutions, the growing
trust of the market, and the increasing of the
sustainable economic development, in particular, in those economies
which are striving to better the business environment and bring their standards
into line with the world’s best practices.
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Pages:246-253
How to cite this article:
Dr. Nazem Jawad Al-Maamouri "Corporate governance legal economy and administrative and economic regulation". International Journal of Law, Vol 12, Issue 1, 2026, Pages 246-253
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