TITLE:
Research on Government Regulation: From the Perspective of Business Environment Governance
AUTHORS:
Yazhuo Huang
KEYWORDS:
Government Supervision, Business Environment Governance, Efficiency of Government Supervision, Quality of Government Supervision
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.10 No.7,
July
7,
2022
ABSTRACT: Government regulation in business environment governance is similar to
the narrow sense of “economic regulation” in the foreign context and the “big”
regulation of “approval + regulation” in the domestic discourse. It refers to
the government’s treatment and correction of market failure in the micro-economic field before,
during and after the event. The efficiency and quality of government regulation
are the influencing factors of government regulation. The implementation of
government supervision reform will help to improve the efficiency and quality
of government supervision, and then help to reduce the institutional
transaction cost of market subjects such as enterprises, which is an important
symbol of the improvement of business environment governance performance. In
this sense, the reform of government regulation is the key dimension to
understand the
governance of business environment.