Sustainability in EU business law and financial market law: An interdisciplinary methodology

Chapter 6 in Beate Sjåfjell, Roseanne Russell and Maja van der Velden (eds), Interdisciplinary Research for Sustainable Business: Perspectives of Women Business Scholars (Springer, in print 2022)

University of Oslo Faculty of Law Research Paper No. 2022-32

Posted: 11 Feb 2022

See all articles by Hanna Ahlström

Hanna Ahlström

Global Economic Dynamics and the Biosphere, Royal Swedish Academy of Sciences

Date Written: February 11, 2022

Abstract

A sustainable transformation of the private sector can be achieved. However, traditional public policy approaches have not been enough to bring about necessary change in corporate practice. This chapter draws attention to the need to understand the role of the EU regulatory framework for business and finance in enabling sustainable development. In this vein, it presents a methodology which enables the examination of the interconnectivity between EU business law and financial market law and its role in sustainable development. I suggest that a mixed method is necessary, consisting of Social Network Analysis (SNA) in combination with semi-structured interviews with experts who have insight into EU policy-making in the fields of business and finance. In order to increase the strength of the descriptive understandings of the SNA, I propose to integrate in-depth analytical insights from qualitative data on how business law and financial market law is evolving. Legislative instruments and policy documents are used as nodes in the networks, while citation links are used as links in the network, which can reveal legal interconnectivity in novel ways. I argue that using this methodology can bring about a better understanding of what is likely to happen in the near future in terms of policy development, as well as providing new insights into what could be done in business law and financial market law to enhance sustainable business practises.

Keywords: EU business law, EU financial market law, Interdisciplinarity, Social Network Analysis, Semi-structured interviews

Suggested Citation

Ahlström, Hanna, Sustainability in EU business law and financial market law: An interdisciplinary methodology (February 11, 2022). Chapter 6 in Beate Sjåfjell, Roseanne Russell and Maja van der Velden (eds), Interdisciplinary Research for Sustainable Business: Perspectives of Women Business Scholars (Springer, in print 2022), University of Oslo Faculty of Law Research Paper No. 2022-32, Available at SSRN: https://ssrn.com/abstract=4032648

Hanna Ahlström (Contact Author)

Global Economic Dynamics and the Biosphere, Royal Swedish Academy of Sciences ( email )

Lilla Frescativägen 4A
Stockholm, 11418
Sweden

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