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A New Institutional Economics Perspective on Industry Self-Regulation / by Jan Sammeck
Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink BücherPublisher: Wiesbaden : Gabler Verlag / Springer Fachmedien Wiesbaden GmbH, 2012Description: Online-Ressource (XIII, 175p. 14 illus, digital)ISBN:- 9783834935427
- 128345212X
- 9781283452120
- 650
- 338
- HF4999.2-6182 HD28-70
- HF4999.2-6182
- HD28-70
- HD3613 .S36 2012
Contents:
Summary: A Concept of Demand for Industry Self-Regulation -- The Supply of Self-Regulation -- The Incorporation of Concept und Context -- Implications of an Institutional Approach to Self-Regulation.?Summary: The idea of self-regulation as an instrument capable of mitigating socially undesirable practices in industries - such as corruption, environmental degradation, or the violation of human rights - is receiving substantial consideration in theory and practice. By approaching this phenomenon with the theory of the New Institutional Economics, Jan Sammeck develops an analytical approach that points out the critical mechanisms which decide about the effectiveness of this instrument. By integrating theory with practical examples of self-regulation, this study highlights the necessity to look at the institutional incentives of an industry, in order to come to a sound judgement about the feasibility and effectiveness of this instrument in a given situationPPN: PPN: 1651224129Package identifier: Produktsigel: ZDB-2-SBE
Foreword; Preface; Vorwort; Contents; Abbreviations; Figures; 1. Introduction and Problem Exposition; 2. A Concept of Demand for Industry Self-Regulation; 2.1 A Definition of Industry Self-Regulation; 2.2 Why Firms Self-Regulate: Introduction to Theory; 2.3 A Transaction Cost Approach to Self-Regulation; 2.3.1 Transaction Costs in Stakeholder Relations and Individual Commitment; 2.3.2 Collective Commitment and Strategic Behavior; 2.4 Creating Credible Commitments; 2.4.1 Self-Regulation Regimes as Institutions; 2.4.2 Self-Regulation Regimes as Focal Points; 2.5 Concluding Remarks
3. The Supply of Industry Self-Regulation3.1 The Second-Order Dilemmas of Institutions; 3.2 Second-Order Dilemmas in Self-Regulation; 3.3 Attributes of Self-Regulation Affecting its Supply; 3.3.1 Problems of Measurement; 3.3.2 Interdependence in the Production of the Public Good; 3.3.3 Costs of Supply; 3.3.4 Determining the Value of Attributes: The Institutional Environment; 3.4 Concluding Remarks; 4. The Incorporation of Concept and Context; 4.1 The Business Social Compliance Initiative of European Apparel Retailers; 4.2 The Chemical Industry's Responsible Care Program
4.3 Managing Ethical Values in the Bavarian Construction Industry Association4.4 Concluding Remarks; 5. Implications of the Institutional Perspective; 5.1 The Proposed Analytical Approach; 5.2 Reflections on the study; References
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