1. Risk Regulation in the Baltic Sea Ferry Traffic.
- Author
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Hänninen, Hannu Ilmari and Laurila, Juha Sakari
- Subjects
- *
BUSINESS failures , *INDUSTRIAL laws & legislation , *BIO-bibliography , *BUSINESS enterprises , *BUSINESS success , *FINANCIAL bailouts , *BANKRUPTCY , *MARINE terminals - Abstract
This article contributes to research on the regulation of technological risks in the form of a case study of the Baltic Sea ferry traffic. The analysis suggests that the social systemic features of an industry heavily influence the relation- ship between technological failures and risk regulation. The study augments recent work on how regulations affect the handling of technological risks and how failures influence regulatory arrangements. These issues have already been studied in the context of aviation, auto, chemical, nuclear power, and railway industries, but not in shipping. As an extension to previous literature, the authors also explore how different regulatory organizations in this industry act in relation to risks and how they influence each other in risk regulation activities. The study highlights the indirect relationships between technological failures and risk regulation arrangements. It also underlines the influence of the involved actors on the regulatory responses to technological failures. [ABSTRACT FROM AUTHOR]
- Published
- 2008
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