Finance: The Discreet Regulator: How Financial Activities Shape and Transform the World

Front Matter....Pages i-xv
Introduction: The Discreet Regulator....Pages 1-16
Front Matter....Pages 17-17
Financialization through Hybridization: The Subtle Power of Financial Controlling....Pages 19-39
How Big Four Audit Firms Control Standard-Setting in Accounting and Auditing....Pages 40-58
Ambivalence and Ambiguity: The Interpretive Role of Compliance Officers....Pages 59-84
Perpetuating the Regulatory Order in the Credit Rating Industry....Pages 85-109
Front Matter....Pages 111-111
Banks as Masters of Debt, Cost Calculators and Risk-Sharing Mediators: A Discreet Regulatory Role Observed in French Public–Private Partnerships....Pages 113-133
Market Information as a Public Good: The Political Economy of the Revision of the Markets in Financial Instruments Directive (MiFID)....Pages 134-163
Finance in Public Service: Discreet Joint Regulation as Institutional Capture at the Paris Commercial Court....Pages 164-189
Front Matter....Pages 191-191
How Finance Regulates Trade Union Involvement in French SRI....Pages 193-211
Legitimizing an Ambiguous Financial Innovation: The Case of Exchange-Traded Funds in France....Pages 212-232
Constructing the Market for Credit Derivatives: How Major Investment Banks Handle Ambiguities....Pages 233-260
Back Matter....Pages 261-272