Oliver Ziegler Libros

Oliver Ziegler raises the question of what role economic interests of the United States play in the regulatory decision making process of the European Union. Critics often assume that U. S. dominance in the world economy, fueled by a powerful business elite, has significantly affected EU regulations at the expense of environmental and consumer protection standards. The author falsifies this proposition. He shows, first, that the EU often adopts regulations against the explicit opposition of the U. S. thereby ignoring the principles of transatlantic regulatory cooperation. Second, he demonstrates that business interests in the EU are usually not homogenous and often come second to environmental and consumer concerns. In addition, the author shows the increasing role of the European Parliament in EU regulatory decison making.

The Global Compact (GC) is a multistakeholder initiative that was introduced in 1999 by former United Nations Secretary-General Kofi Annan. The initiative aims at filling the governance void of the global economy. While 47% of the 2659 participating companies are based in Europe, U.S. American companies constitute only 3% of the business participants. This book analyzes reasons for joining or not joining the Global Compact. Six determinants are used to analyze a company's decision to join or not to join the initiative; they are the consumer's, employee's, and shareholder's expectations, the feasability of the Compact's requirements, the company's world view regarding the United Nations as well as Corporate Social Responsibility, and, finally, the CEO's information regarding litigation risk. In addition, companies' compliance with the Global Compact's principles or alternative initiatives is assessed by using a compliance model taken from IR theory.

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