A Visual Framework for Identifying Sources of Unnecessary Regulatory Burdens on Business
Journal: International Journal of Science and Research (IJSR) (Vol.5, No. 11)Publication Date: 2016-11-05
Authors : Izhar Che Mee; Haim Hilman Abdullah;
Page : 637-647
Keywords : Unnecessary Regulatory Burdens; Visual Framework; Action Research;
Abstract
This paper studies the development of a visual framework for identifying unnecessary regulatory burdens on business. The objectives of regulations are to protect people, environment and economic activities. Poor designed regulations and poor enforcement and administration of regulations resulting in unnecessary regulatory burdens on business. The burdens are cost to business, which could otherwise be put to a more productive usage. From literature review conducted, we noticed there is a lack of information on identification of sources of unnecessary regulatory burdens. To date, no single study has been conducted on developing a visual framework to facilitate regulators in identifying sources of unnecessary regulatory burdens. We have utilised action research model in carrying out the study. A visual framework for identifying unnecessary regulatory burdens on business has been successfully developed and tested as the output of the study.
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