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overlooked, potential mechanism for controlling and minimizing systemic financial risk is industry-wide self-regulation. However … meaningful incentives to develop this new type of more public-minded and socially responsible self-regulation. It examines the … experience with self-regulation in other sectors – in particular, the nuclear power and chemical manufacturing industries – and …
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This article seeks to broaden the scope of the ongoing debate on financial regulation reform by making a case for … reinventing industry self-regulation on a fundamentally new normative basis. The article argues that, in the face of the … potential role of industry self-regulation as one of the key mechanisms of controlling and minimizing systemic risk – a task …
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Over time, the development and refinement of corporate governance standards and recommendations have often been the consequence of corporate governance failures. Even if the collapse of Enron and the like, may not have been caused by corporate governance failures in a strict sense, there were...
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From European integration to domestic politics to the development of the global economy, technocracy and private ordering have shaped economic behaviour. Such transformative private-driven forces of economic activity flourished through the promulgation of voluntary standards. In view of the...
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locus of transnational accounting regulation. Initial steps of associational cooperation were superseded by establishing a …-politicize accounting regulation at the transnational level. [Originality/value:] IASB is an integral player in global financial governance …
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