The challenges of upward regulatory harmonization
The case of sustainability reporting in the European Union
Bibliographic Data
| ID | 7997679 |
|---|---|
| Authors | Daniel Kinderman (0000-0003-2874-4549, corresponding author) |
| Year | 2019 |
| Volume | 14 |
| Issue | 4 |
| Pages | 674-697 |
| Publication date | 2019-02-13 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Regulation & Governance (JOURNAL) |
| Journal identifiers | ISSN: 1748-5983 • E-ISSN: 1748-5991 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/rego.12240 |
| OpenAlex | W2911734622 |
| Language | EN |
| Citations received | 20 |
| References cited | 34 |
What are the prospects for the upward harmonization of regulatory standards, and why do governments support or oppose more stringent supranational regulation? To answer these questions, this paper examines an important case of upward regulatory harmonization, the European Union's non‐financial disclosure Directive 2014/95/EU, which requires large firms to report on their social, environmental, and human rights impacts. In spite of favorable circumstances, the Directive's opponents watered down the Commission's proposal during the course of the negotiations. Upward regulatory harmonization is difficult because of the adjustment costs it imposes on the private sector. The paper provides an in‐depth analysis of countries’ positions in the negotiations: Germany was the most hardline opponent, France the strongest supporter, and the United Kingdom was somewhere in‐between. For most countries, private sector adjustment costs determine government support and opposition for upward harmonization at the supranational level, but the analysis shows that partisan politics and varieties of capitalism also matter
Business · Directive · Economics · European union · Government (linguistics · Harmonization · International economics · International trade · Negotiation · Political science · Politics · Law · Political Influence and Corporate Strategies · Public Administration · Regulation and Compliance Studies · Accounting
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Sustainability Reporting Harmonization in the Hotel Industry – What Is Next
Audit Committee Characteristics and Sustainability Performance
Comparing elite and citizen attitudes towards the differentiated implementation of EU law
Aligning rulesets
Trade Policy and Ecological Transition
Beyond lobbying
Tackling toxins
Regulation from above or below
The Instrumental Value of Private Regulation
Sustainability in Art Management
Is the Journey more Important than the Destination? EU Accession and Corporate Governance and Performance of Banks
The European regulation of corporate social responsibility
Hardening foreign corporate accountability through mandatory due diligence in the European Union? New trends and persisting challenges
Professional ecologies in European sustainable finance
Bank financing and green financing
The politics of supply chain regulations
From voluntary to mandatory corporate accountability
The organizational ecology of global governance
Defining CSR
All Politics Is Global
Varieties of Capitalism
The Domestic Sources of Multilateral Preferences
Domestic Sources of International Environmental Policy
The Politics of Precaution
Time for a reality check
Engaging firms
Corporate transparency laws
The European regulation of corporate social responsibility
Member State Responses to Europeanization
The Regulation of Transnational Corporate Identity in Europe
To enforce or not to enforce? Judicialization, venue shopping, and global regulatory harmonization
The Market for Virtue
The Structure of Regulatory Competition
Corporate Social Responsibility in the EU, 1993–2013
When Politics Matters
Global Governance and “New Governance Theory
Management-Based Regulation
Changing varieties of capitalism and revealed comparative advantages from 1990 to 2005
The government of self-regulation
| Unique citing works | 20 |
|---|---|
| Citations per year | 2,86 |
| Citation span | 2019 - 2026 (8) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 20 |