Legislative Procedural Scrutiny and Firm Performance

Ibrahimi, Klea; Benoît, Cyril; & Fazekas, Mihály (2026). Legislative Procedural Scrutiny and Firm Performance. GTI-WP/2026:01, Budapest: Government Transparency Institute.

How do legislative procedures shape economic outcomes and competition among firms? This paper examines whether reduced scrutiny in the lawmaking process creates unequal economic advantages within industries.

Drawing on a novel dataset linking UK legislation from 2009 to 2015 with more than 200,000 firm-year observations across 21 sectors, the study investigates four dimensions of legislative scrutiny: legislative volume, accelerated procedures, frequent …

Read More