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Introduction: multiplicity and plurality in the world of standards

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  • Djelic, Marie Laure
  • den Hond, Frank

Abstract

Globalization is often described as a chaotic process which signals the end of national institutions’ ability to regulate markets. However, a closer look reveals a new world of standards and regulations, often with a transnational scope and reach. Contemporary rule making and rule monitoring increasingly take place in the context of transnational arenas that bring around the table many different types of actors, all of whom have or feel to have a “stake” in the regulatory project at hand, yet often for quite diverse reasons and with varying interests. While standardization would seem to suggest regularity, rationalization, and a reduction of diversity if not the advance of homogeneity and convergence, we can easily document a surprising multiplicity and plurality in our transnational world of standards. In most industries, fields and arenas, we find multiple standards and standard setting coalitions. Even so, scholars have only barely started to explore this multiplicity and plurality. Building upon what we know on technical standards, this Symposium describes and explains important patterns in the world of transnational standard-setting, revealing the nature of this plurality and the ways in which it impacts upon and is impacted by different groups of actors involved.

Suggested Citation

  • Djelic, Marie Laure & den Hond, Frank, 2014. "Introduction: multiplicity and plurality in the world of standards," Business and Politics, Cambridge University Press, vol. 16(1), pages 67-77, April.
  • Handle: RePEc:cup:buspol:v:16:y:2014:i:01:p:67-77_00
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    Cited by:

    1. Hanna Hilbrandt & Monika Grubbauer, 2020. "Standards and SSOs in the contested widening and deepening of financial markets: The arrival of Green Municipal Bonds in Mexico City," Environment and Planning A, , vol. 52(7), pages 1415-1433, October.
    2. Luc Brès & Sébastien Mena & Marie‐Laure Salles‐Djelic, 2019. "Exploring the formal and informal roles of regulatory intermediaries in transnational multistakeholder regulation," Regulation & Governance, John Wiley & Sons, vol. 13(2), pages 127-140, June.
    3. Baudot, Lisa & Cooper, David J., 2022. "Regulatory mandates and responses to uncomfortable knowledge: The case of country-by-country reporting in the extractive sector," Accounting, Organizations and Society, Elsevier, vol. 99(C).
    4. Loon, Mark, 2019. "Knowledge management practice system: Theorising from an international meta-standard," Journal of Business Research, Elsevier, vol. 94(C), pages 432-441.
    5. Héloïse Berkowitz & Antoine Souchaud, 2019. "(Self-)Regulation of Sharing Economy Platforms Through Partial Meta-organizing," Post-Print hal-02528015, HAL.
    6. Petros C. Mavroidis & Robert Wolfe, 2016. "Private Standards and the WTO: Reclusive No More," RSCAS Working Papers 2016/17, European University Institute.
    7. Heloise Berkowitz & Antoine Souchaud, 2019. "(Self-)Regulation of Sharing Economy Platforms Through Partial Meta-organizing," Journal of Business Ethics, Springer, vol. 159(4), pages 961-976, November.
    8. José Carlos Marques, 2017. "Industry Business Associations: Self-Interested or Socially Conscious?," Journal of Business Ethics, Springer, vol. 143(4), pages 733-751, July.
    9. Farzad Haider Alvi & Peter J. Williamson, 2023. "Responses to global financial standards in emerging markets: Regulatory neoliberalism and the Basel II Capital Accord," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2635-2650, July.
    10. Sarah Margaretha Jastram & Alkis Henri Otto & Tatjana Minulla, 2023. "Diverse Organizational Adoption of Institutions in the Field of Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 183(4), pages 1073-1088, April.

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