IDEAS home Printed from https://ideas.repec.org/a/cup/jnlpup/v29y2009i02p179-200_00.html
   My bibliography  Save this article

Network Constraints in EU Banking Regulation: The Capital Requirements Directive

Author

Listed:
  • Christopoulos, D.
  • Quaglia, Lucia

Abstract

The ongoing financial turmoil has brought into sharp relief the importance of financial services regulation. Yet, we still know relatively little about how financial regulation is negotiated within the EU, in particular which policy actors are most influential and what are the mechanisms that allow them to exercise influence. This paper addresses these questions using Social Network Analysis (SNA), focusing on the banking regulation network and one core piece of legislation: the Capital Requirements Directive (CRD). Of particular interest is the flow of influence among the key actors. Triangulating an in-depth case study with qualitative interview data and social network analysis, this work investigates a number of hypotheses, associating brokerage roles and extroversion with relative influence in the policy making process. We find that influential actors are those that hold key structural positions in this network and by implication appear to have a better understanding of network topography.

Suggested Citation

  • Christopoulos, D. & Quaglia, Lucia, 2009. "Network Constraints in EU Banking Regulation: The Capital Requirements Directive," Journal of Public Policy, Cambridge University Press, vol. 29(2), pages 179-200, August.
    • Handle: RePEc:cup:jnlpup:v:29:y:2009:i:02:p:179-200_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0143814X09001068/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kostas Kourtikakis & Ekaterina Turkina & Evgeny Postnikov, 2021. "The Structure of Coordination: Transatlantic Policy Networks and the Mobilization of Business and Civil Society," Journal of Common Market Studies, Wiley Blackwell, vol. 59(3), pages 679-696, May.
    2. Kevin L Young & Timothy Marple & James Heilman & Bruce A Desmarais, 2023. "A double-edged sword: The conditional properties of elite network ties in the financial sector," Environment and Planning A, , vol. 55(4), pages 997-1019, June.
    3. WALTHER Olivier & CHRISTOPOULOS Dimitris, 2012. "A social network analysis of Islamic terrorism and the Malian rebellion," LISER Working Paper Series 2012-38, Luxembourg Institute of Socio-Economic Research (LISER).
    4. Adam W. Chalmers, 2020. "Unity and conflict: Explaining financial industry lobbying success in European Union public consultations," Regulation & Governance, John Wiley & Sons, vol. 14(3), pages 391-408, July.
    5. Krause, Thomas & Sfrappini, Eleonora & Tonzer, Lena & Zgherea, Cristina, 2024. "How do EU banks' funding costs respond to the CRD IV? An assessment based on the Banking Union directives database," IWH Discussion Papers 12/2024, Halle Institute for Economic Research (IWH).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jnlpup:v:29:y:2009:i:02:p:179-200_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/pup .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.