A Legislator’s Inability to Legislate Different Species: A Swedish Case Study Concerning Mutual Insurance Companies
Jan Andersson ()
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Jan Andersson: Stockholm University
Chapter 15 in Managing Hybrid Organizations, 2019, pp 305-320 from Springer
Abstract:
Abstract This chapter aims to contribute by focusing on legislation for the Swedish insurance industry in general and mutual insurance companies in particular. The Swedish legislation concerning insurance companies is twofold. The purpose of the case study is to investigate whether and, if so, to what extent the legislation differs as regards the regulation of different insurance companies and to what extent this regulatory discrepancy creates unwanted transaction costs and a divided level playing field for mutual insurance companies. Furthermore, this chapter aims to offer a short note on the idea of whether an alternative legislative scenario including a “separate law regime” and/or a “choice of law regime” could possibly benefit mutual insurance companies.
Keywords: Regulation; Transaction costs; Standard form contract; Demand perspective; Legal-systematic choice (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-95486-8_15
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DOI: 10.1007/978-3-319-95486-8_15
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