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Regulation of the European railway sector remains a central issue in the framework of the current liberalization process. From a regulatory perspective, the patchwork of national legislations and the delays in transposing and implementing the European Dire ...
Systemic risks and hazards have become increasingly significant features of modern industrial society of which the network industries form a vital element. The idea of systemic risk, however, is much less prominent in the network industries compared to ban ...
IRGC defines risk governance deficits as deficiencies (where elements are lacking) or failures (where actions are not taken or prove unsuccessful) in risk governance structures and processes. They hinder a fair and efficient risk governance process. The de ...
We study the roles of traditional governance (boards, sponsors, etc.) and market governance(investors voting with their feet) in mutual funds and variable annuities. We find that market governance is less pronounced for variable annuity investors. Using a ...
This report comprises an overview of bioenergy developments and policies, a commentary on these developments which highlights some of the opportunities and risks of bioenergy, and presents the International Risk Governance Council’s risk governance guideli ...
The European railway sector is undergoing dramatic changes. During the still ongoing liberalization process most vertically-integrated railway operators have already been “unbundled”. The shift from integrated to disintegrated companies coupled with the in ...
Since the 1980s the network industries (post, telecom, electricity, air and rail transport, and water) worldwide are undergoing substantial transformations. These transformations have been triggered by institutional changes in both property regimes and coo ...
In this paper we focus on risk and uncertainty caused by the (1) discretionary behavior of regulatory bodies and (2) the instruments and mechanisms implemented to regulate public services in general and the postal sector in particular. In previous articles ...
This paper explores three different scenarios of how the regulatory governance of the network industries in Europe is likely to evolve, namely the emergence of European regulators, differentiated and therefore more fragmented regulation and self-regulation ...
What does a Chief Information Officer need to know today, starting with the assumption that a CIO is a person who probably has some engineering background or technology background; has probably done something else in terms of education – maybe some MBA or ...