Abstract
Laws and regulations have their limitations. In abundance, they might become fu-tile, particularly due to regulatory capture. BIA is called for to reduce costs of doing business in Dubai and to improve the quality of regulations. Corporate social responsibility (CSR) is also viewed to improve the general business environment.
This chapter highlights the impact of regulations on businesses in Dubai and the situation of CSR in the market environment. The chapter calls for CSR (self-regulation) and argues that when fitted in sound public-private partnership framework, could achieve general improvement of the business environment in Dubai.
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Notes
- 1.
Except for Free Zones, the UAE Company law allows not more than 49% foreign ownership in equity of an enterprise.
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Rettab, B. (2009). The New Rulemaking. In: Nijsen, A., Hudson, J., Müller, C., Paridon, K., Thurik, R. (eds) Business Regulation and Public Policy. International Studies in Entrepreneurship, vol 20. Springer, New York, NY. https://doi.org/10.1007/978-0-387-77678-1_9
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