@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} }