@misc{WalterSpeyer2005,
  author    = {Walter, Norbert and Speyer, Bernhard},
  title     = {Zwischen Governance und Polymorphie},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-8033},
  year      = {2005},
  abstract  = {The authors analyze the reasons for the establishment of a regulatory regime for international financial markets in accordance with the ideas of liberal internationalism. They argue that the system of international markets is affected by polymorphy, indicating the existence of different forms of regulation. Five factors produce this polymorphy: the non-existence of a homogenous object of steering, the dynamic nature of these objects, the fact that the purpose of governance is not clearly defined, the dominance of governance by the USA and Great Britain, and governance as a result of a multi-level game with various coalitions.},
  language  = {de}
}
@inproceedings{OPUS4-6578,
  title     = {The Euro Financial Crisis : impacts on banking, capital markets, and regulation ; report of the international workshop in Potsdam on July 20/21, 2012},
  editor    = {Hummel, Detlev},
  isbn      = {978-3-86956-252-0},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-65228},
  year      = {2013},
  abstract  = {On July 20/21 in 2012, an international workshop was held on the subject of the global impact of the Euro-Financial-Crisis at the University of Potsdam. Prof. Dr. Detlev Hummel, faculty Finance and Banking, was the host of the event. Academic colleagues from Beijing, Moscow and Connecticut (USA) as well as domestic capital market and banking experts presented their analyses. Different aspects of national and international finance markets were examined, with a focus on the European region, China and Russia. Mistakes and failures of the banking regulations were identified as one, but note the sole cause of the economic problems. A lack of budget discipline of some politicians and the loss of business competitiveness of certain European nations were mentioned, too. Some members of the European Union did not succeed in mastering the challenges of the global economy. There have been structural issues in some states that impede their competitiveness in the global market, for example with China. The participants pointed out a number of other reasons for the crisis, like dubious distribution types as well as a lack of transparency of certain financial products. Furthermore, remuneration and incentive schemas of investment banks and especially the reckless risk management policy of large banks were identified as other factors for the crisis. The participants of the international workshop in Potsdam agree that the birth of the Euro-currency was a political event and will remain a challenge. The reform of the banking supervision and further steps towards an economic and fiscal union are new research tasks.},
  language  = {en}
}
@misc{Kessler2005,
  author    = {Keßler, Oliver},
  title     = {Nichtwissen und die Etablierung von Governance-Regimen},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-47555},
  year      = {2005},
  abstract  = {This article analyzes to what extend new knowledge and ignorance-structures within financial markets challenge basic assumptions in scientific discourse. 'Ignorance' is seen as an inherent part of governance-regimes. It is argued that the self-fulfilling prophecy of a bank run as the dominant metaphor for systemic risks is insufficient to capture today's dynamics and categorical changes. Therefore, the paper seeks to show that 'science' has not sufficiently attempted to fully come to terms with issues of uncertainty and self-reference.},
  language  = {de}
}
@misc{Boersch2005,
  author    = {B{\"o}rsch, Alexander},
  title     = {Konvergenz, Divergenz oder Hybridisierung? : Globalisierung der Finanzm{\"a}rkte und Corporate Governance},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-47545},
  year      = {2005},
  abstract  = {The paper analyzes the impact of financial globalization on corporate governance systems. While shareholder systems are relatively unaffected by globalization pressures, the burden of adjustment rests primarily on stakeholder systems, owing to their dominant non-market forms of coordination. Convergence theory therefore expects a transformation of stakeholder systems towards shareholder systems, whereas the 'hybridization thesis' argues for a combination of elements from shareholder and stakeholder systems as a result of globalization. The 'Varieties of Capitalism' approach expects stability in corporate governance systems and a continuation of differences between them.},
  language  = {de}
}
@misc{Muegge2005,
  author    = {M{\"u}gge, Daniel},
  title     = {Es ist doch Politik! : Liberalisierung und Integration der Finanzm{\"a}rkte als politischer Prozess},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus-47537},
  year      = {2005},
  abstract  = {This article examines the liberalization and cross-border integration of European financial markets from a political-economic perspective. Three features particularly come to the fore: First, national liberalization and European integration have been two sides of one integrated political process that owes its specific dynamics to the conflicts of interest between different groups of actors. Second, not only effective liberalization, but also market integration relies on an extension and formalization of public financial market regulation - and thus seemingly on 'more state'. Third, the established distinction between 'state' and 'market' and their respective roles is insufficient for a proper understanding for the politics of financial market regulation.},
  language  = {de}
}