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Globalization and Business Regulation

Resource type
Authors/contributors
Title
Globalization and Business Regulation
Abstract
In the twenty-first century, global business regulation has come of age. In this article, we review the literature on globalization and business regulation from the angle of transnational governance, a recently evolving interdisciplinary field of research. Despite the multiplicity and plurality of regulatory platforms and products that have emerged over time, we identify common patterns of field structuration and parallel trajectories. We argue that a major trend, both in practice and in scholarly work, is a move away from an idealized convergence around a set of unified global rules; instead, our conceptualizations and our practices of transnational business regulation increasingly demonstrate a concern for the adaptability of transnational rules to resilient and resistant contextual specificities. Another important trend, both in practice and in scholarly fields, is a growing focus on the complex dynamics between rule making on the one hand and rule implementation and monitoring on the other.
Publication
Annual Review of Sociology
Volume
44
Pages
123-143
Date
July 30, 2018
Journal Abbr
Annual Review of Sociology
Language
English
ISSN
03600572
Library Catalog
EBSCOhost
Citation
Djelic, Marie-Laure, and Sigrid Quack. 2018. “Globalization and Business Regulation.” Annual Review of Sociology 44: 123–43. DOI: 10.1146/annurev-soc-060116-053532.
Discipline
Publication year
Keywords
  • business regulation
  • globalization
  • governance
  • market ideology
  • neoliberalism
  • POLANYI, Karl, 1886-1964
  • soft law
  • transnational
  • value chains

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