A New Institutional Economics Perspective on Industry Self-Regulation

by Jan Sammeck

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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Year of publication:	2012
Authors:	Sammeck, Jan
Publisher:	Wiesbaden : Gabler Verlag / Springer Fachmedien Wiesbaden GmbH
Subject:	Industrie \| Manufacturing industries \| Neue Institutionenökonomik \| New institutional economics \| Selbststeuerung
Description of contents:	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.? Table of Contents [d-nb.info] ; Description [swbplus.bsz-bw.de] ; Description [deposit.dnb.de]

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Extent:	Online-Ressource (XIII, 175p. 14 illus, digital)
Series:	SpringerLink / Bücher
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based upon print version of record 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
ISBN:	978-3-8349-3542-7 ; 1-283-45212-X ; 978-1-283-45212-0 ; 978-3-8349-3541-0
Other identifiers:	10.1007/978-3-8349-3542-7 [DOI]
Classification:	Philosophie und Theorie der Betriebswirtschaft ; Mikroökonomie
Source:	ECONIS - Online Catalogue of the ZBW

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