Stakeholders and Power Relations in Regulation

27 Pages Posted: 27 Jul 2017

See all articles by Araceli Castaneda

Araceli Castaneda

University of Florida, Warrington College of Business Administration, Public Utility Research Center

Mark A Jamison

University of Florida - Warrington College of Business Administration, Public Utility Research Center

Date Written: April 17, 2017

Abstract

Stakeholders play at least two roles in utility regulation: Some receive benefits, such as customers protected from monopoly power. Stakeholders also influence regulation by, for instance, commenting in proceedings. Most studies on stakeholder relations focus on engagement, such as through advisory groups and public hearings. Largely missing are analyses of power relationships. Some stakeholders, such as lawmakers, have formal authority over regulatory bodies. Others have little formal authority. Stakeholders also vary in how and the degrees to which regulators affect them. This paper examines these relationships and illustrates them with a survey of regulatory agencies in the Caribbean.

Keywords: Regulation, Stakeholders

JEL Classification: H11, K23, L50

Suggested Citation

Castaneda, Araceli and Jamison, Mark A., Stakeholders and Power Relations in Regulation (April 17, 2017). Available at SSRN: https://ssrn.com/abstract=3008855 or http://dx.doi.org/10.2139/ssrn.3008855

Araceli Castaneda

University of Florida, Warrington College of Business Administration, Public Utility Research Center ( email )

University of Florida, 205 Matherly Hall
Gainesville, FL 32611-7142
United States

Mark A. Jamison (Contact Author)

University of Florida - Warrington College of Business Administration, Public Utility Research Center ( email )

PO Box 117142
Gainesville, FL 32611
United States
352-392-6148 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://warrington.ufl.edu/purc/facultyinfo.asp?WEBID=1217

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