Many European cities are faced with the task of transforming former industrial zones into new residential and commercial neighbourhoods. Such urban planning processes frequently include both public and private sector actors in decision making. Furthermore, they often give way to controversial...

In this paper I analyse the role that the precautionary principle plays in ensuring legitimacy in the EU authorisation regime for GMOs by using the ‘governance' perspective as analytical frame. The idea of legitimacy, as embodied in this principle, requires creating a balance between...

Large and medium companies have failed to acquire legitimacy and respectability within the vast strata of the society in Russia. This resulting crisis of confidence may have serious consequences, including increasing intervention by the state. The study, which is based on the survey of 129 firms...

Social legitimacy is central to the effectiveness of international organizations (IOs). Yet, so far, we have little systematic knowledge about what drives citizens to support or oppose IOs. In this article, we isolate and assess three alternative explanations of social legitimacy in global...

The G20 has become the preeminent international economic and financial policy making body in the aftermath of the global financial crisis of 2007-2009. In the early phase of the financial crisis, the G20 made considerable progress with its measures to stabilize the global economy (London Summit...

On May 22nd to the 25th, elections to the European Parliament are taking place throughout the European Union. Following a recent EP initiative, most of the European political parties have selected top candidates for the position of Commission President, who are to lead an EU-wide campaign, with...

Spanish Abstract: En este artículo, evaluamos cómo la legitimidad condiciona el valor de mercado de las empresas listadas en la BM&F Bovespa. Específicamente, analizamos cómo la adhesión al nuevo mercado modera el efecto de la legitimidad en el valor de la empresa. Para ello, investigamos...

If one recognises that the European Council has come to embody the political head of the Union, then, rather than trying to hide or hinder such evolution, it might be more rational to reform the process of selection of its president so as to make its role more effective and legitimate. The...

Accession to the World Trade Organization differs from that of other international organizations in one major aspect: the WTO may prescribe more stringent rules for acceded members, depending on the result of individual accession negotiations. These country-specific rules are set out in the...