Law and Business

RAND work in law, business, and regulation includes analyses of alternative dispute resolution, asbestos litigation, workers' compensation, insurance, and other civil justice matters. This research often has implications for the private sector, such as entrepreneurs facing legal and regulatory hurdles, or multinational corporations dealing with corporate ethics and governance issues.

Research conducted by: RAND Justice, Infrastructure, and Environment; RAND Institute for Civil Justice; RAND Labor and Population; Environment, Energy, and Economic Development Program; RAND Europe; Center for Terrorism Risk Management Policy; Center for Health and Safety in the Workplace

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Directors as Guardians of Compliance and Ethics Within the Corporate Citadel

The collapse of financial markets in late 2008 has invited renewed questions about the governance, compliance, and ethics practices of firms. RAND convened a symposium to explore the perspective and role of corporate boards of directors in overseeing ethics and compliance matters within their firms.

Reports (1184)

Investing in Social Outcomes to Fund Public Services — Nov 7, 2011

At a time when government finances are stretched there is growing interest in finding new ways to fund public services. In 2010 the first ever Social Impact Bond was launched in the UK to provide investors who had funded government interventions for imprisoned offenders with a portion of the resultant savings.

Are Ships Different? Policies and Procedures for the Acquisition of Ship Programs — Nov 3, 2011

The policies and procedures established by the Department of Defense for program management and oversight can be tailored to meet the unique needs of ship acquisition programs without compromising oversight.

Characterizing the U.S. Industrial Base for Coal-Powered Electricity — Oct 27, 2011

Coal-fired electricity generating units (EGUs) provide about 46 percent of the electricity generated in the U.S., yet most of the existing coal-fired electricity fleet is 25–45 years old. Can the industry maintain the capability to design, construct, and operate coal-fired EGUs within reasonable cost, schedule, performance, environmental, and quality expectations?

Innovations in the Provision of Legal Services in the United States: An Overview for Policymakers — Oct 26, 2011

Discusses innovation's role in the legal services industry, factors affecting innovation's production, and the research and data infrastructure needed by policymakers to understand whether restrictions on the practice of the law should be altered.

Small Business and Defense Acquisitions: A Review of Policies and Current Practices — Oct 17, 2011

Evaluates federal small business policies, how they affect the Department of Defense, and the challenges associated with meeting mandated small business goals.

Targets for Marine Corps Purchasing and Supply Management Initiatives: Spend Analysis Findings — Oct 13, 2011

Moore et al. provide a first-order analysis of Marine Corps purchases and Defense Logistics Agency purchases on behalf of the Marine Corps, revealing many indicators of opportunities and challenges for purchasing and supply management initiatives.

Addressing Medicare Payment Differentials Across Ambulatory Settings — Oct 12, 2011

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Medicare's payment for physician work and malpractice liability expenses is the same regardless of where a service is provided, but payments differ for facility-related components of care.

Evaluating the Sustainability of the Greek R&D System — Oct 10, 2011

An evaluation by RAND Europe of the Greek research and development (R&D) system has identified opportunities to improve economic growth and social outcomes.

U.S. War with China Not Likely but Steps Needed to Keep the Peace — Oct 10, 2011

To avoid direct military conflict with China, the United States should adopt a parallel strategy that strengthens the defense capabilities of China's neighbors while inviting China into cooperative security endeavors that benefit the interests of both nations.

Agency, Governance, and Performance in the Securities Industry — Oct 6, 2011

Examines the economics of financial firms, their governance practices, and governance-performance links.

Focus on the Rising Cost of Health Care — Oct 5, 2011

A substantial body of RAND research has focused on evaluating policies to lower health care costs; promoting health and preventing disease; and improving health system value and quality of care.

Pricing Strategies for NASA Wind-Tunnel Facilities — Oct 4, 2011

The authors explore six potential approaches to pricing the use of National Aeronautics and Space Administration (NASA) wind-tunnel test facilities, and they evaluate each approach against three criteria -- efficiency, fiscal impact, and fairness.

Challenges to Value-Enhancing Innovation in Health Care Delivery: Commonalities and Contrasts with Innovation in Drugs and Devices — Oct 4, 2011

Discusses obstacles to steering innovation in health care toward activities that are worth their social costs and away from other innovative activities and considers drugs, devices, and delivery, with particular attention to delivery.

Iran's Human Rights Abuses — Sep 22, 2011

Testimony presented before the House Foreign Affairs Committee, Subcommittee on The Middle East and South Asia, provides insight into the Islamic Republic of Iran's human rights abuses, the Iranian regime's behavior in light of the Arab Spring, and the current state and future prospects of the opposition Green Movement.

Assessing the Performance of Military Treatment Facilities — Sep 21, 2011

Discusses the potential usefulness and limitations of using utilization and cost metrics to evaluate the performance of U.S. Department of Defense military treatment facilities.

Power to the People: The Role of Consumer-Controlled Personal Health Management Systems in the Evolution of Employer-Based Health Care Benefits — Sep 13, 2011

The Patient Protection and Affordable Care Act has piqued employers' interest in new benefit designs. This paper reviews consumer-controlled personal health management systems that could help individuals control and manage their health care.

For Whom the Whistle Blows: Advancing Corporate Compliance and Integrity Efforts in the Era of Dodd-Frank — Sep 12, 2011

The debate over the new U.S. Securities and Exchange Commission whistleblower rules overshadows a deeper question for corporations and regulators—how best to reconcile strong compliance and internal reporting mechanisms with the incentives created by the Wall Street Reform and Consumer Protection Act to report fraud directly to the SEC.

Conference Highlighted New Ideas to Help Consumers Make Better Financial Decisions — Sep 8, 2011

These videos offer presentations from "Emerging Research on Financial Literacy: A Workshop," held by the Financial Literacy Center, a joint center of the RAND Corporation, Dartmouth College, and the Wharton School. The workshop brought together Center scholars with policymakers and practitioners in the financial literacy field.

A Methodology for Implementing the Department of Defense's Current In-Sourcing Policy — Sep 8, 2011

The authors review the recent history of sourcing in the Department of Defense, assess relevant laws and policies, offer interpretations of key terms, and describe an approach to implementing current in-sourcing guidance.

From Insurgency to Stability: Volume II: Insights from Selected Case Studies — Sep 7, 2011

This book examines six case studies of insurgencies from around the world to determine the key factors in the successful transition from counterinsurgency toward stability.

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