At the end of the 20th century, it was thought by many that the Anglo-American system of corporate governance was performing effectively and some observers claimed to see an international trend towards convergence around this model. There can be no denying that the recent corporate governance crisis in the US has caused many to question their faith in this view. This collection of essays by the leading British and American scholars provides a comprehensive attempt to answer the following questions: firstly, What went wrong—when and why do markets misprice the value of firms, and what was wrong with the incentives set by Enron? What has been done in response, and how well will it work? This study includes essays on the Sarbanes-Oxley Act in the US, UK company law reform, and European company law and auditor liability reform, along with a consideration of corporate governance reforms in historical perspective. Three approaches emerge. The first two approaches share the premise that the system is fundamentally sound, but these approaches part ways over whether a regulatory response is required. The third view, in contrast, argues that the various scandals demonstrate fundamental weaknesses in the Anglo-American system itself, which cannot hope to be repaired by the sort of reforms that have taken place.

This book examines the global regulation of biodiversity politics through the UN Convention on Biological Diversity (CBD), the WTO and other international treaties. Using historical-materialist state and regulation theory, it assesses how the discourse and politics of sustainable development have contributed to the internationalisation of the state.

Focusing on competition as an economic phenomenon, this book comparatively and comprehensively examines private arrangements in the liner and the bulk sector, the liberalization of sabotage and port services, indirect competition-distorting factors and the latest developments on international regulation of carriage of goods by sea.

Vol. 5 : Responsabilité et régulations économiques. - 2007. - 194 p.

Although much has been written on organised civil society - the loose collective of organisations that operate outside the public sector, the private market and the family unit - over the past 30 years, there has been little jurisprudential analysis. This is in spite of the fact that a number of jurisdictions, including England, New Zealand, Northern Ireland and Scotland, have recently implemented major reforms to the regulatory frameworks in which civil society organisations operate, with a particular emphasis on the charitable sectors. Redressing the balance, this monograph considers from first principles when it is appropriate to regulate organised civil society and how that regulation might best be accomplished. Four broad issues are addressed: (a) whether the activities undertaken by civil society organisations are distinct from the activities undertaken by the state or the market, either because they are pursued in unique ways, or because they produce unique outcomes; (b) if so, whether it is justifiable to regulate organised civil society activities in a sector-specific way; (c) if it is, whether the peculiar characteristics of these activities make one type of regulation more appropriate than another; and (d) whether it is appropriate to distinguish between charities and other civil society organisations for regulatory purposes. The monograph integrates the traditionally separate disciplines of civil society theory and regulation theory to provide answers to these questions and advance a rudimentary theory of regulation specific to organised civil society.

Policymakers are engaged in a continuing, thorough reexamination of how national and state governments regulate areas ranging from telecommunications to the environment. So extensive is the questioning of the familiar, and so daring some of the proposed and actual changes, that the movement deserves the term revolution. In this volume Robert W. Hahn shows how a deeper understanding of the economic and social impacts of regulation is fueling the regulatory revolution. People are becoming more aware that regulations impose costs on individuals, even if those costs are hidden from view, as is the case with most regulation. Changes in the economic benefits and costs of regulation that technology has induced are also driving the revolution. Those technological innovations increase the cost of maintaining the existing regulatory structure and thus create pressure for change. Hahn demonstrates how improvements in monitoring outputs and behavior are propelling the revolution. We need, Hahn asserts, to examine the revolution in regulation not only in terms of its impact on national economies, but also in terms of its potential international effects. For example, stringent regulation of the environment in one country may induce firms to relocate to other countries. In addition, product specifications introduced under the guise of protecting consumers may give domestic producers a competitive advantage. Thus, regulation can dramatically influence the pattern of international trade and investment. The international ramifications of domestic regulation are likely to increase in importance as markets become more global. Hahn points out that just as nations have attempted to coordinate their activities to reduce direct trade barriers such as tariffs, they may also need to coordinate some regulatory activities that distort patterns of trade and investment.

The subject of economic regulation has become more important in the study of economics over the last 30 years because of important advances in theory and because of major changes in public policy, which have led to the privatization of a number of state-owned, monopoly industries and the introduction of competition. This has been occurring in both advanced and developing economies and, most strikingly, in the former command economies of Central and Eastern Europe. Growing concerns about ‘global warming’ have sparked off theoretical and policy initiatives related to environmental regulation; while development economics places emphasis on the importance of regulatory ‘institutions’ in explaining impediments to sustained economic growth.

This book is the first stylistic history of American screen violence that is grounded in industry documentation. Using PCA files, Prince traces the negotiations over violence carried out by filmmakers and officials and shows how the outcome left its traces on picture and sound in the films. Almost everything revealed by this research is contrary to what most have believed about Hollywood and film violence. With chapters such as "Throwing the Extra Punch" and "Cruelty, Sadism, and the Horror Film," this book will become the defining work on classical film violence and its connection to the graphic mayhem of today's movies.

The recent lawsuits involving cigarettes, guns, and other products have created a new phenomenon. Such litigation results in negotiated regulatory policies to settle the suit or serves as a financial lever to promote support for governmental policies. The allocation of responsibilities for policy becomes blurred, as litigation becomes the mechanism forcing regulatory changes. The policies that result from litigation almost invariably involve less public input and accountability than government regulation.

An examination of the legal framework of the EU internal market as established in the case law of the European Court of Justice, discussing in particular EC competition law, the free movement of goods, services, persons and capital and the evolution of the interpretation of the provisions. The 'State' has been retreating from direct intervention in economic life as more goods and services, the provision of which was once thought to be a 'public' responsibility, are delivered through market mechanisms. Given the need for consistent application of EC law in the internal market, a common core conception of public authority, shielded from the discipline of EC competition law, is needed. The resulting realignment of public and private functions and responsibilities is not a linear and coherent process, especially in light of the changing nature of the European legal integration project and the progressive incorporation of non-economic values in the Treaties.

The complete updated edition of this best-selling reference provides an unsurpassed account of process control — from the very basics of theory to advanced control applications. This edition of this guide fully explains control technology principles applied to industrial fluid processes, including time-domain and relative-gain analysis. Control systems engineers and process engineers will find new coverage of inventory control through the use of a controller — new information on internal model and model predictive control — new emphasis on minimizing deviation and integrated error following load changes — and new examples, problems and solutions.

Т. 1 : Управління ризиками базових банківських операцій. - 2012. - 284 с.

У пропонованому курсі лекцій висвітлено походження, роль і функції грошово-кредитних систем, етапи їх еволюції, процеси інтеграції у грошово-кредитній сфері, механізм грошово-кредитного регулювання. Розглянуто грошово-кредитну політику країн з розвиненою ринковою економікою і проблеми створення грошово-кредитних систем країн, що розвиваються. Для студентів вищих навчальних закладів і всіх, хто цікавиться суттю фінансово-кредитних інститутів.

Висвітлюються основи функціонування грошей та кредиту в умовах ринкової економіки. Значна увага приділяється аналізу практики грошового обігу та операцій установ кредитної системи. Підручник написано з позиції сучасної монетарної теорії. Теоретичний матеріал доповнено аналізом офіційних статистичних публікацій, звітів банківської системи. Для студентів, слухачів центрів магістерської підготовки та перепідготовки кадрів, викладачів; наукових і практичних працівників.

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