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Full-Text Articles in Business Law, Public Responsibility, and Ethics

Transnational Business Governance Interactions And Financial Regulation Change: A Case Of Asian Financial Markets, Simin Gao, Christopher Chen Jan 2018

Transnational Business Governance Interactions And Financial Regulation Change: A Case Of Asian Financial Markets, Simin Gao, Christopher Chen

Transnational Business Governance Interactions Working Papers

This chapter examines the interactions of transnational business governance schemes regulating the global derivatives markets with multiple levels of interactions. The chapter describes the process of interactions via the theory of isomorphism. First, after examining the interactions of futures exchanges, we identify that governance techniques among futures exchanges are rather similar, illustrating the forces of mimetic and normative isomorphism. Second, the monopoly of the International Swaps and Derivatives Association (ISDA) scheme in the over-the-counter (OTC) market provides signs of mimetic isomorphism. Third, through imparity of market power and major market dealers, the ISDA scheme became the only governance scheme for …


Public-Private Regime Interactions In Global Food Safety Governance, Ching-Fu Lin Jan 2013

Public-Private Regime Interactions In Global Food Safety Governance, Ching-Fu Lin

Transnational Business Governance Interactions Working Papers

In response to an apparent decline in global food safety, numerous public and private regulatory initiatives have emerged to restore public confidence. This trend has been particularly marked by the growing influence of private regulators such as multinational food companies, supermarket chains and non-governmental organizations (NGOs), who employ private standards, certification protocols, third-party auditing, and transnational contracting practices. This paper explores how the structure and processes of private food safety governance interact with traditional public governance regimes, focusing on Global Good Agricultural Practices (GlobalGAP) as a primary example of the former. Due to the inefficiency and ineffectiveness of public regulation …


The Embeddedness Of Responsible Business Practice: National Institutional Environments And Corporate Social Responsibility, Luc Fransen Jan 2012

The Embeddedness Of Responsible Business Practice: National Institutional Environments And Corporate Social Responsibility, Luc Fransen

Transnational Business Governance Interactions Working Papers

Academic literature recognizes that firms in different countries deal with Corporate Social Responsibility (CSR) in different ways. Because of this, analysts presume that variations in national institutional arrangements affect CSR practices. Literature however lacks specificity in determining, first, what parts of national political economic configurations actually affect CSR practices; second, the precise aspects of CSR affected by national-institutional variables; third, how casual mechanisms between national institutional framework variables and aspects of CSR practices work. Because of this the literature is not able to address to what extent CSR practices are affected by either global or national policies, discourses and economic …


Process Vs. Performance Standards For Sustainable Meeting And Event Management, Andrew Stephen Walker Jan 2012

Process Vs. Performance Standards For Sustainable Meeting And Event Management, Andrew Stephen Walker

Transnational Business Governance Interactions Working Papers

This paper examines two emerging voluntary industry standards — the process-based ISO 20121 Event sustainability management systems and the performance-based APEX/ASTM Environmentally Sustainable Event Standard — and examines whether they can complement, rather than compete with, each other to provide a comprehensive approach to the complex task of managing and measuring sustainability within meetings and events. A framework for analysis was developed through examining the academic literature on competition between process and performance-based sustainability standards within the forestry sector where several internationally-recognized standards have interacted in the marketplace for over a decade. Three criteria — legitimacy, accountability and effectiveness — …