Better Business Regulation in a Risk Society

  • Alberto Alemanno
  • Frank den Butter
  • André Nijsen
  • Jacopo Torriti

Table of contents

  1. Front Matter
    Pages i-viii
  2. Alberto Alemanno, Frank den Butter, André Nijsen, Jacopo Torriti
    Pages 1-14
  3. Social Risks and Business Regulation

    1. Front Matter
      Pages 15-15
    2. Alberto Alemanno
      Pages 37-56
    3. Mulugeta Mengist Ayalew, Yacob Mulugetta
      Pages 57-81
    4. Wim Boonstra, Allard Bruinshoofd
      Pages 99-116
  4. Preconditions for Better Business Regulation and International Coordination

  5. Theoretical and Measurement Issues Related to Better Business Regulation

    1. Front Matter
      Pages 207-207
    2. Lorenzo Allio, Stéphane Jacobzone
      Pages 209-229
    3. Saša Drezgić, Peter Pronk
      Pages 253-266
  6. Concluding Part

    1. Front Matter
      Pages 283-283
    2. Alberto Alemanno, Frank den Butter, André Nijsen, Jacopo Torriti
      Pages 285-298
  7. Back Matter
    Pages 299-328

About this book


The premise of this volume is that business regulations are expected to grow in the near future as a consequence of the emergence of a “(world) risk society.” Risks related to terrorism, climate change, and financial crises, for example, will penetrate all conditions of life. Increasingly, the decisions and actions of some bring about risks for many in this era of globalization. Controlling these risks implies managing the world through high-quality regulation, with a particular emphasis on businesses and financial institutions. Central to this approach is the argument that a major, if not the primary, aim of regulation is to internalize externalities, or in a broader context, to repair market failure. Such repair can only be accomplished when the costs are smaller than the welfare gains.

Featuring contributions from researchers and policy analysts from the fields of economics, management, law, sociology, political science, and environmental policy, this book focuses on three major topics:

Social risks and business regulation
Preconditions for better business regulation
Theoretical issues related to better business regulation

Collectively, the authors demonstrate that the easier it is for regulated businesses to comply at the lowest costs possible—without jeopardizing the related public goals—the greater the degree of compliance.  When successful, the net result is a balance of individual and collective net benefits, and by further implication, sustainable business practice and economic growth.


Business regulation Compliance Governance Public economics Public policy Regulation Regulatory Impact Assessment (RIA) Risk management Social risks Standard Cost Model (SCM)

Editors and affiliations

  • Alberto Alemanno
    • 1
  • Frank den Butter
    • 2
  • André Nijsen
    • 3
  • Jacopo Torriti
    • 4
  1. 1.Jouy-en-JosasFrance
  2. 2.AmsterdamNetherlands
  3. 3.SchoonhovenNetherlands
  4. 4.SurreyUnited Kingdom

Bibliographic information

  • DOI
  • Copyright Information Springer Science+Business Media New York 2013
  • Publisher Name Springer, New York, NY
  • eBook Packages Business and Economics
  • Print ISBN 978-1-4614-4405-3
  • Online ISBN 978-1-4614-4406-0
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking