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Better Business Regulation in a Risk Society

  • Book
  • © 2013

Overview

  • Utilizes public economics theory to analyze the costs and benefits of business regulation

  • Features case studies in climate change, agro-business, financial services, and environmental policy

  • Consider practical and policymaking implications

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Table of contents (17 chapters)

  1. Concluding Part

Keywords

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.

Editors and Affiliations

  • Jouy-en-Josas, France

    Alberto Alemanno

  • Amsterdam, Netherlands

    Frank den Butter

  • Schoonhoven, Netherlands

    André Nijsen

  • Surrey, United Kingdom

    Jacopo Torriti

Bibliographic Information

  • Book Title: Better Business Regulation in a Risk Society

  • Editors: Alberto Alemanno, Frank den Butter, André Nijsen, Jacopo Torriti

  • DOI: https://doi.org/10.1007/978-1-4614-4406-0

  • Publisher: Springer New York, NY

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer Science+Business Media New York 2013

  • Hardcover ISBN: 978-1-4614-4405-3Published: 14 September 2012

  • Softcover ISBN: 978-1-4899-9162-1Published: 15 October 2014

  • eBook ISBN: 978-1-4614-4406-0Published: 14 September 2012

  • Edition Number: 1

  • Number of Pages: VIII, 328

  • Topics: Economic Policy, Public Economics

  • Industry Sectors: Finance, Business & Banking

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