Norms, advice networks and joint economic governance: the case of conflicts among shareholders at the commercial court of Paris

Emmanuel Lazega (), Lise Mounier and Paola Tubaro ()
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Emmanuel Lazega: CSO - Centre de sociologie des organisations (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique
Lise Mounier: CMH - Centre Maurice Halbwachs - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - Département de Sciences sociales ENS-PSL - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres
Paola Tubaro: University of Greenwich Business School - University of Greenwich

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Abstract: Businesses are usually very keen to participate in the governance of their markets (Lazega and Mounier, 2002, 2003; Falconi et al., 2005). In this chapter, we combine a sociological perspective on joint governance of markets with an economic perspective, such as that of Dixit (2009) that deals with issues of social optimality of private or public governance and enforcement institutions. Institutional and neo-institutional economic theory often separate official governance institutions from private self-governance (Greif, 1996; Ellickson, 1991; Milgrom et al., 1990; Williamson, 1985). At the inter-organizational level, at least two different sociological traditions also deal with the issue of self and exogenous governance of markets, comparing the formal and often exogenous aspects with informal and endogenous ones (...).

Date: 2011-08
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Published in Ugur Mehmeth, Sunderland David. Does Economic governance matter ? Governance Institutions and Outcomes, Edward Elgar Publishing, pp.46-70, 2011, 9780857931764

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