Mainly thinking about this because of some of the comments in this post here, but I do think while what we currently have right now is way too much regulation.
Some examples of 'good regulation' in my opinion would be the existence of drivers' licenses, 'right to repair' laws, the Magnuson-Moss Warranty Act and building codes.
While some notable 'bad regulation' is anything to do with 2A restrictions and the modern health care industry.
Overall, I'm just trying to gauge what is good vs bad regulation.
Percent revenue fines with hard minimums would hurt any firm and larger firms with more overhead the most. The reason why that isn't done is because it would actually hurt. Banks regularly break the law because the penalties for getting caught are lower than the benefits of shiy like signing people up for accounts without their knowledge. If bad behavior brings in more than it costs then the fines are just a cost of doing business, not a punishment.
Floggings would also hurt.
You cannot flog an incorporeal entity
You can flog the executives in charge of it.
Then you just guarantee we get masochistic sociopaths in charge. The kind that REALLY don't understand why people got mad at them for torturing cats as a kid, after all they were just showing them a good time.