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Contesting the European Central Bank in Banking Supervision

Accountability in Practice at the European Parliament

Datos Bibliográficos

ID7876499
AutoresAdina Maricut-Akbik (0000-0002-8183-5055, Hertie School, Berlin, autor de correspondencia)
Año2020
Volumen58
Número5
Páginas1199-1214
Fecha de publicación2020-09-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJCMS Journal of Common Market Studies (JOURNAL)
Identificadores de la revistaISSN: 0021-9886 • E-ISSN: 1468-5965
EditorialWiley (PUBLISHER • GB)
DOI10.1111/jcms.13024
OpenAlexW3003375063
IdiomaEN
Citas recibidas17
Referencias citadas17

The establishment of the Single Supervisory Mechanism (SSM) raised expectations regarding the ability of the European Parliament (EP) to hold the European Central Bank (ECB) accountable for its decisions. This article examines the accountability interactions between the two institutions in the first years of the functioning of the SSM (2013–18). The focus is on the extent to which the EP contests ECB supervisory decisions in practice through letters and public hearings. The analysis shows a frequently‐used infrastructure of political accountability that is however limited in ensuring the contestation of ECB conduct in banking supervision. The study identifies problems with the performance of the EP as an accountability forum and with the tight confidentiality rules of the SSM, which allow the ECB to silence contestation on many politically salient issues. The findings are based on an innovative analytical framework on the study of accountability interactions

Accountability · Business · Confidentiality · Parliament · Political science · Politics · Public relations · Salient · Silence · Accounting · European Union Policy and Governance · Global Financial Regulation and Crises · Law · Political Influence and Corporate Strategies · Public Administration

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Obras citantes distintas17
Citas por año3,4
Intervalo de citas2021 - 2025 (5)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 17
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