%0 Journal Article
%T The Hayne Royal Commission and financial sector misbehaviour: Lasting change or temporary fix?
%A Kevin Davis
%J The Economic and Labour Relations Review
%@ 1838-2673
%D 2019
%R 10.1177/1035304619847928
%X The Hayne Royal Commission into Australian financial sector misbehaviour reported in February 2019. It is, however, unlikely to provide a lasting solution to problems of financial sector misbehaviour. It has identified a number of types of misbehaviour, their ¡®proximate causes¡¯ and recommended solutions to those. But, reflecting its limited mandate and limited time, it was unable to investigate the complex question of whether there are more deep-seated, fundamental issues driving financial sector misconduct, both in Australia and globally. This article argues that there are, and that consequently the benefits from the Royal Commission will be relatively short-lived, with misconduct likely to resurface, albeit in different guises. JEL Codes: G20, G28, K4
%K Financial regulation
%K financial sector misconduct
%K Royal Commission
%U https://journals.sagepub.com/doi/full/10.1177/1035304619847928