The effects of power relationships: knowledge, practice and a new form of regulatory capture
Dolruedee Kramnaimuang King and
Jan Hayes
Journal of Risk Research, 2018, vol. 21, issue 9, 1104-1116
Abstract:
In the wake of disasters, criticism tends to target regulatory failures and regulatory capture. In this status quo, the roles of regulators are black-boxed and criticism fails to explore what has been happening within and around regulatory institutions. This paper explores how relationships between regulators of hazardous industry and those who interact with them affect regulatory practice. Actor-network theory was utilised to generate findings drawn from a study of the Australian pipeline industry in order to reveal perspectives and the approaches of regulators in regulating pipeline risks. The findings indicate that pipeline regulators have a particular logic in practicing risk analysis. This paper argues that such a logic can be theorised as a new form of regulatory capture that limits the way regulators regulate risks and constrains the potential of regulatory outcomes. It is urged that a new form of logics of practice needs to be developed so as to improve the process of risk regulation in preventing catastrophic accidents.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jriskr:v:21:y:2018:i:9:p:1104-1116
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DOI: 10.1080/13669877.2017.1382560
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