To be able to operate as a commercial business entity, the modern corporation requires a legal framework of regulation and oversight within which to exploit the relevant markets profitably.
Green and Ward (2004) examine how the debt repayment schemes in developing countries place such a financial burden on states that they often collude with corporations offering prospects of capital growth.
Following the Challenger space shuttle explosion, Kramer (1992) noted that NASA, the United States Federal government body with responsibility for the project, had only been subject to self-regulation of an entirely inadequate nature.
While Aulette and Michalowski (1993) examined a fire in the Imperial Food Products chicken processing plant in Hamlet, North Carolina where twenty-five workers died, and uncovered "an interwoven pattern of regulatory failure on the part of several state and federal agencies" that had allowed the company's management to continue violating basic safety regulations in search of corporate profit.
Finally, Harper and Israel (1999) concluded that the economic need for inward investment forced the Papua New Guinea government to match the lax regulatory regimes offered in other developing countries.