Nirgendwo ist die Globalisierung so weit fortgeschritten wie im Finanzsektor. Internationale Finanz- und Währungskrisen sowie Konkurse international tätiger Banken rückten in den letzten zwei Jahrzehnten zunehmend die Risiken "entfesselter" Finanzmärkte in den Vordergrund. In Wissenschaft...

The institutional governance approach sees national economies embedded in a bundle of non-market types of coordination (e.g. corporate hierarchies, networks, associations and the state). Governance oriented research explores configurations of governance types in sectoral, regional and national...

The development of regulatory instruments and regulatory groups during the last three decades is discussed. The increasing complexity of financial markets was answered by an extension of formal and informal approaches to their political regulation but still there are a lot of unsolved...

Financial internationalization and European regulatory harmonization put the German corporate governance regime under pressure to move towards a market-oriented, Anglo-Saxon model. While International Political Economy approaches expect Anglo-Saxon standards to spread across national borders,...