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Risk and Luhmann’s Systems Theory

Noémi També Bearpark
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Noémi També Bearpark: Luxembourg School of Business

Chapter Chapter 2 in Deconstructing Money Laundering Risk, 2022, pp 45-88 from Springer

Abstract: Abstract Luhmann’s extensive work on society provides a wide paradigm and framework for the analysis of money laundering (ML) risk and anti-money laundering (AML) as a domain. Both constitute interdisciplinary research domains that draw from different fields such as law, economics, organisation theory and sociology and thus require a broad theoretical perspective that facilitates communication across all relevant branches of research. Luhmann’s systems theory provides such a framework. His research aims to “grasp the complexity of the entire world” (Borsch, 2011, p. 1) and provides an overarching vision of society. Indeed, Luhmann has written about a wide array of topics including love (1998), law (2004), the environment (1989), the mass media (2000a), art (2000b), religion (2000c), organisations (2003, 2018) and, of course, risk (1993). In sum, Luhmann “has developed a comprehensive theory with flexible networks of interrelated concepts that can be combined in many different ways and can be used to describe the most diverse social phenomena” (Holmström, 2007, p. 255).

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-031-07508-7_2

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DOI: 10.1007/978-3-031-07508-7_2

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