The incommensurables

Ondertitel:the arduous art of making a regulatory indicator

The stress test of the European Central Bank has become one of the primary regulatory tools for the European banking system. In order to make such a regulatory indicator, different national banks need to be commensurated. They need to be made comparable according to a common metric. Despite a substantive literature, little empirical work has been done to further our understanding of the social and political processes through which these indicators are made. We use Actor-Network Theory (ANT) to enrich the existing literature with an in-depth account of how commensuration is negotiated. We find that despite a preference for commensuration, regulators allow incommensurable categories to exist due to largely unrecognized regulatory benefits.

Jaar van publicatie:2020

Trefwoorden:A1 Journal article

BOF-keylabel:ja

BOF-publication weight:1

CSS-citation score:1

Authors from:Higher Education

Toegankelijkheid:Open