A cross-country analysis of the impact of regulatory quality on commercial case disposition time

Commercial courts around the world encounter prolonged legal procedures, which harms businesses that require dispute resolution through the legal system. This paper, for the first time, tests whether a country’s quality of business regulation impacts the average commercial case disposition time. Pan...

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Veröffentlicht in:European journal of law and economics 2015-06, Vol.39 (3), p.455-474
Hauptverfasser: Bielen, Samantha, Marneffe, Wim, Vereeck, Lode
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container_title European journal of law and economics
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creator Bielen, Samantha
Marneffe, Wim
Vereeck, Lode
description Commercial courts around the world encounter prolonged legal procedures, which harms businesses that require dispute resolution through the legal system. This paper, for the first time, tests whether a country’s quality of business regulation impacts the average commercial case disposition time. Panel regression analyses of 133 countries from 2006 to 2011 substantiate the negative association between the perceived regulatory quality and the average duration of commercial legal disputes. Surprisingly, the actual regulatory quality does not affect the average duration of a trial.
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subjects Alternative dispute resolution
Average
Business
Commercial Law
Commercialization
Court decisions
Courts
Cross-national analysis
Economic growth
Economics
Economics and Finance
European Integration
International
Law
Law and Economics
Legal systems
Legislation
Litigation
Public Finance
Quality
Regression analysis
Regulation
Studies
Trials
title A cross-country analysis of the impact of regulatory quality on commercial case disposition time
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