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Article
Publication date: 25 October 2011

Jonathan Boston and Frieder Lempp

This paper has two main purposes. First, it considers the detrimental effects of four politically‐salient asymmetries on the policy choices of liberal democracies when dealing…

4278

Abstract

Purpose

This paper has two main purposes. First, it considers the detrimental effects of four politically‐salient asymmetries on the policy choices of liberal democracies when dealing with the problem of human‐induced climate change. Second, it outlines and evaluates possible solutions for reducing or countering these asymmetries.

Design/methodology/approach

The approach involves an analysis and evaluation of policy options based on a survey of the relevant literature.

Findings

The paper highlights the serious mismatch between the magnitude and urgency of the climate change problem and the current political will to overcome or mitigate the problem. Although four categories of potential solutions, and the various mechanisms through which they might operate, are discussed, it is recognized that all the available options have significant drawbacks, not least limited political feasibility and doubtful effectiveness. In short, action within liberal democracies to mitigate climate change is likely to remain seriously constrained by the four asymmetries discussed, thus increasing the risk of dangerous climate change.

Originality/value

The paper highlights the complexities, both international and national, of confronting human‐induced climate change. In particular, it identifies four systemic reasons, in the form of politically‐salient asymmetries, why liberal democracies have struggled to take effective measures to reduce greenhouse gas emissions and provides a systematic assessment of possible solutions to these asymmetries. These include changes to accounting frameworks to ensure that the impact of humanity on the environment and future generations is more transparent.

Details

Accounting, Auditing & Accountability Journal, vol. 24 no. 8
Type: Research Article
ISSN: 0951-3574

Keywords

Abstract

Details

Governing for the Future: Designing Democratic Institutions for a Better Tomorrow
Type: Book
ISBN: 978-1-78635-056-5

Abstract

Details

Governing for the Future: Designing Democratic Institutions for a Better Tomorrow
Type: Book
ISBN: 978-1-78635-056-5

Abstract

Details

Governing for the Future: Designing Democratic Institutions for a Better Tomorrow
Type: Book
ISBN: 978-1-78635-056-5

Article
Publication date: 25 October 2011

Markus J. Milne and Suzana Grubnic

This paper aims to set out several of the key issues and areas of the inter‐disciplinary field of climate change research based in accounting and accountability, and to introduce…

8281

Abstract

Purpose

This paper aims to set out several of the key issues and areas of the inter‐disciplinary field of climate change research based in accounting and accountability, and to introduce the papers that compose this AAAJ special issue.

Design/methodology/approach

The paper provides an overview of issues in the science of climate, as well as an eclectic collection of independent and inter‐disciplinary contributions to accounting for climate change. Through additional accounting analysis, and a shadow carbon account, it also illustrates how organisations and nations account for and communicate their greenhouse gas (GHG) footprints and emissions behaviour.

Findings

The research shows that accounting for carbon and other GHG emissions is immensely challenging because of uncertainties in estimation methods. The research also shows the enormity of the challenge associated with reducing those emissions in the near future.

Originality/value

The paper surveys past work on a wide variety of perspectives associated with climate change science, politics and policy, as well as organisational and national emissions and accounting behaviour. It provides an overview of challenges in the area, and seeks to set an agenda for future research that remains interesting and different.

Details

Accounting, Auditing & Accountability Journal, vol. 24 no. 8
Type: Research Article
ISSN: 0951-3574

Keywords

Abstract

Details

Governing for the Future: Designing Democratic Institutions for a Better Tomorrow
Type: Book
ISBN: 978-1-78635-056-5

Open Access
Article
Publication date: 10 August 2023

Adrienne Heritier

This paper aims to conceptualize and empirically illustrate the challenges that financial market regulation presents to politicians and the organization tasked with specifying…

Abstract

Purpose

This paper aims to conceptualize and empirically illustrate the challenges that financial market regulation presents to politicians and the organization tasked with specifying regulations and supervising their implementation in the interest of users and consumers of financial instruments. It analyses the problem from the viewpoint of the governor's dilemma and the control/competence conflict, the linked problem of the rent-seeking of agents/intermediators and consumers of financial instruments. Political accountability problems are enhanced by the materiality of the technologies used, i.e. algo trading.

Design/methodology/approach

The paper theoretically conceptualizes and empirically illustrates the argument.

Findings

The paper finds that regulators of digitalized financial markets are faced with considerable problems and depend on private agents when regulating financial transactions. However, the new technological instruments also offer new possibilities for securing compliance.

Research limitations/implications

Further research should focus more in-depth on the cooperation between public and private actors in the specification and implementation of regulatory details. It should further investigate the conditions which allow regulators to use RegTech in the surveillance of financial firms.

Practical implications

Since financial market transactions are opaque for most users, the creation of more transparency is crucial to hold regulators accountable in their activity of surveillance of financial firms. New algorithm-based technologies may lend important support in doing so.

Originality/value

By linking the different analytical perspectives, i.e. the governor's dilemma vis-à-vis the intermediator or agent and the possible rent-seeking of intermediators, under the condition of a highly developed technology of financial transactions as well as the market structure, the paper offers new insights into the limits as well as new opportunities of regulating financial markets allowing for political accountability of regulators and financial firms.

Details

International Trade, Politics and Development, vol. 7 no. 3
Type: Research Article
ISSN: 2586-3932

Keywords

Book part
Publication date: 2 May 2018

Dana R. Fisher, Anya M. Galli Robertson, Joseph McCartney Waggle, Amanda M. Dewey, Ann H. Dubin and William Yagatich

How do we understand political polarization around the issue of climate change in the United States? Using a mixed-methods approach, this paper unpacks the components of the…

Abstract

How do we understand political polarization around the issue of climate change in the United States? Using a mixed-methods approach, this paper unpacks the components of the debate over climate science and policy between 2015 and 2017 to understand the sources of divisiveness that have come to characterize climate politics in the United States. Data in our analysis include the content of Congressional hearings and open-ended, semi-structured interviews with the most influential climate policy actors at the federal level. We find high levels of polarization around two specific components of this debate: the type of policy instrument and the role of the federal government in regulating carbon dioxide emissions. This paper concludes by exploring how patterns of polarization preceding the 2016 election help us to understand the expected political debate over federal climate policy in the years to come.

Details

Environment, Politics, and Society
Type: Book
ISBN: 978-1-78714-775-1

Keywords

Book part
Publication date: 27 July 2018

Timothy Rutzou

The article argues for the necessity of theory within sociology, in general, and metatheory, in particular. It explores how theoretical, metatheoretical, and philosophical…

Abstract

The article argues for the necessity of theory within sociology, in general, and metatheory, in particular. It explores how theoretical, metatheoretical, and philosophical background conditions affect sociological research. It makes the case for why attending to background conditions is important for both the sociologist as an individual and also sociology as a collective and a discipline. In this context, it makes the case for critical realism as a useful program of metatheoretical reflexivity that focuses upon the more philosophical dimensions of sociology including the place of ontology and even how theory itself should be understood.

Details

Critical Realism, History, and Philosophy in the Social Sciences
Type: Book
ISBN: 978-1-78756-604-0

Abstract

Details

Governing for the Future: Designing Democratic Institutions for a Better Tomorrow
Type: Book
ISBN: 978-1-78635-056-5

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