Regulatory Capture Theory - PDF

CASE STUDY LAW

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
CONCLUSION................................................................................................................................4
REFERENCE ..................................................................................................................................5

INTRODUCTION
Regulatory capture theory is defined as a economic theory that comes into account when
government fails in its responsibilities and regulatory authority made to act to influence the
people. This theory is related to regulatory agency that act upon on the changing interest of
public. This report based on a case study where a person plays a dual role in his duties in private
and government organisation that creates a issue regarding reducing the public faith or interest
at workplace.
MAIN BODY
Overview of the case study:
Basically the case is regarding with a individual Robin Batterham who plays significant
dual role and part time duties in the federal government as a chief scientist and another role is
data technologist in mining company Rio Tinto (Bansal and DesJardine, 2014). Role for the
mining company is not compatible and position for the data scientists must be full time. And
issue is related to him only he did the burying greenhouse gas emission without testing it.
Working for the both role or duties may harm the public interest. Dr Batterham’s needs to quit
the job for mining company Rio Tinto.
As per the above discussed case study, In the context it requires to apply some relevant
accounting theory to settle this issue. In the particular situation, there are various theory that need
to put in a specific theory to find out the solution of this process. This case study, the regulatory
caption theory can be applied as the per the requirement of this case study. In the references of
this case, the regulatory authorities works under to enhance the faith of persons control the
commercial and political concerns by the particular groups of this sectors (Dougherty, 2017). It
comes into account when government may fail to increase the public faith in the organisation.
There are some conflicts arises by the side of Dr Batterham such as mismanagement of time,
less concentration on the particular projects, public interest etc. All the factors are play a
significant role in emerging the conflicts.
In the above mention case study the regulatory caption theory can be effective in order to
assess the conflicts related to certain issue happening in the both organisation. If senate
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committee is looking into the matter regarding the job of the Dr Batterham then committee is
defiantly provide the help regarding this issue to resolve the problem of the dual role and
responsibilities of Dr. Robin Batterham. In this case study all the disputation are supported by
this theory. Government are capable of correcting those the marketing failure in the regulation.
But the government is not interrupting in the particular situation and total power of senate
committee to provide solution. The senate committee provides the fundamental solution to Dr.
Robin Batterham in order to leave the job in the data technologist in mining company Rio Tinto
and provide the full attention towards another job that is employed with. In the job references,
the advise from committee looks better in the above analysed case. As the dual role of Dr. Robin
Batterham may causes other conflicts in the public interest and faith. This decision of the
committee comes into existence when government fails to take decision against it. So the final
decision of senate committee will be favoured with (Le Page, 2017). Committee's decision
regarding the exit of Mr. robin from mining organisation is also supported by the various people
to handle this situation. Thus the decision proves right as per the above case study. On the other
hand committee does not find any unprofessional behaviour and attitude towards the
organisation. In the context this theory is applicable as there are limited role of the government
and senate committee is finding the solution to this certain problem that creates the problem in
public interest.
As per this above discussed theory of regulatory caption, it is applicable on certain
problem like this. Further this, the regularity authorities senate committee is finding the accurate
solution that Dr. Robin Batterham should work in the federal government as a chief scientist.
In the above discussed case study, social responsibility and sustainability theory can be
applied to evaluation the particular. In the particular terms, the social sustainability refers to a
role that require to play by a person in the references of public interest. In the case of Dr. Robin
Batterham, he needs to fulfils all the social responsibilities regarding the organisational and
public interest by working as a duty of data scientist. And also needs to follow all the regulation
in relevance of full time job. Dr. Robin Batterham needs to play a significant role in the
organisation by following all required responsibility. Where senate committee is helpful in
resolving job the issue by applying the method of the regulatory theory. And it finalise the
decision by considering the public interest.
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Sustainability theory can be applied in the this matter to preserve the job in long run time
period. But where working at dual role, it is difficult to handle both responsibilities as it may
leads many problem and conflicts (Uhrich, Koenigstorfer and Groeppel-Klein, 2014). The above
discussed theory can be applied as Dr. Robin Batterham is doing dual job in two different
organisation that may causes or creates an issue. So it needs to be serves a job where he can
fulfil the roles and demand of an organisation that is federal government office for the post of
chief scientist.
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CONCLUSION
In the above report, it is concluded that case study shows the various disputes and
conflicts regarding a position in different organisation. The certain conflicts can be resolved by
applying some theory like regularity caption theory to solve the problem. The caption theory is
based on the different situation in case study. In this report, sustainability and responsibility
theory is concluded too.
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REFERENCE
Books and jounral
Bansal, P. and DesJardine, M.R., 2014. Business sustainability: It is about time. Strategic
Organization. 12(1). pp.70-78.
Dougherty, D., 2017. Grounded theory research methods. The Blackwell companion to
organizations. pp.849-866.
Le Page, R.B., 2017. The evolution of a sociolinguistic theory of language. The handbook of
sociolinguistics. pp.13-32.
Uhrich, S., Koenigstorfer, J. and Groeppel-Klein, A., 2014. Leveraging sponsorship with
corporate social responsibility. Journal of Business Research. 67(9). pp.2023-2029.
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