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The structure of regulatory competition
Hardback
€133.40
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- Book Synopsis
- In order to understand international economic regulations, it is essential to understand the variation in competing corporations' interests. Political science theories have neglected the role of individual firms as causal actors. Theories of institutions have neglected to examine the creation of business law. Economic theories have neglected to apply concepts of asset specificity to social regulations in competitive industries. This book aims to fill these voids with a company-based explanation. Its theoretical findings open a 'black box' in the literature on international political economy and elucidate a source of regulatory differences and similarities. Counter-intuitive case studies reveal how business and governments actually interact. They also contribute to both sides of current debates over corporate social responsibility. They examine diverse topics including offshore finance, flags-of-convenience, CFC production, capital requirements, the importation and sale of 'dolphin-lethal' tuna, and the advertising of infant formulae. By exploring powerful corporations' investment profiles and regulatory strategies, this book explains why globalization sometimes results in a 'race to the bottom', sometimes in higher common regulations, and sometimes in regulations that differ between countries. Uniquely, it then explains which regulatory outcome is likely to occur under specified conditions. The explanation incorporates economics, political science, studies of regulatory capture, and examinations of transaction costs, firms' regulatory strategies, and the roles international institutions.
- About The Author
- Dale D. Murphy is Assistant Professor at the Walsh School of Foreign Service, Georgetown University, Washington DC.
- Product Details
-
- ISBN
- 9780199267514
- Format
- Hardback
- Publisher
- Oxford University Press, (22 January 2004)
- Number of Pages
- 312
- Weight
- 610 grams
- Language
- English
- Dimensions
- 241 x 162 x 22.3 mm
- Series:
- See all books in this series
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