ENGLISH

A New Institutional Economics Perspective on Industry Self-Regulation

By Jan Sammeck (auth.)

Book information

Publisher
Gabler Verlag
Year
2012
ISBN
978-3-8349-3541-0, 978-3-8349-3542-7
DOI
10.1007/978-3-8349-3542-7
Language
english
Format
PDF
Filesize
886 kB (907542 bytes)
Edition
1
Pages
175\187
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Business/Management Sciencegeneral

Description

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 situation.

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