Economic great powers export domestic regulatory policies and force the costs of adjustment onto foreign firms and governments. Such arguments about market power regularly examine economic great powers in isolation and, thus, have less to say about a world governed increasingly by economic multipolarity. In their paper, Dr. Newman and his associates argue that a great power’s ability to force foreign actors into adjusting is not only conditioned by their relative economic clout but also by the political institutions that govern their markets. Specifically, they expect that where states choose to draw their jurisdictional boundaries directly shapes a polity’s global influence. When a polity expands its jurisdiction, harmonizing rules across otherwise distinct sub-national, or national markets, it can curtail a rival’s authority. They test the theory by assessing foreign firm delisting decisions from US stock markets after the adoption of the Sarbanes-Oxley accounting legislation. The Act, which included an exogenous, extraterritorial shock, follows the harmonization of stock market governance across various European jurisdictions. Econometric analysis of firm-level data illustrates that EU-based companies, which benefited from jurisdictional expansion, were substantially more likely to leave the American market and avoid adjustment pressures. Their findings contribute to debates on extraterritorial governance and authority in a transnational economy, highlight the critical role played by institutions in economic statecraft, nuance arguments about Europe as an international actor and provide evidence in favor of more relational theorizing in International Relations that examines the nexus of market access, political authority and compliance.
Events in UCIS
Friday, October 27
Informational session outlining the eligibility and logistics for the Nationality Rooms Programs Summer Study Abroad Scholarships.
Deepa Kumar is an Associate Professor of Media Studies at Rutgers University and President, Rutgers AAUP-AFT faculty union. She is a leading scholar in communication, prominent public intellectual, and champion of the humanities on the national stage. The title of her lecture, “Constructing the Terrorist Threat: Islamophobia, the Media, and the War on Terror,” stems from her 2017 Media Education Foundation video, designed to support pedagogical efforts to teach critically about media discourse on Muslims.
Khet Mar is a Burmese writer and political activist who was persecuted, tortured, and imprisoned in her home country. She is currently living at City of Asylum in Ithaca, NY as an exiled writer-in-residence. Her short novel about two oppressed teenagers speaking to each other through their apartment windows was, in her words, “a fictional way to express what happened to me in jail.” Yet, the Burmese censors read the plot as metaphor and banned the novel. Khet Mar will lead the discussion herself, in person. We will conclude with ideas for using the texts in the classroom. Books, dinner, parking and Act 48 hours provided.
Faculty, graduate students, K-16 educators and librarians are invited to attend the CERIS fall 2017 complimentary dinner and book discussion. The discussion will be facilitated by Rachel Sternfeld, Assistant Professor of Political Science, Indiana University of Pennsylvania. Participation via the Internet is also an option. Please register at https://cerisnet.secure.pitt.edu/resource/faculty-readers-forum. A limited number of free copies of the book are available. A dinner, hosted by Seton Hill University and CERIS will take place at 5:00 PM in the Greensburg Room of the Administration Building and the book discussion will follow in the Reeves Learning Commons to follow at 6:30 PM
This year's Global Issues Through Literature series,a reading group designed for K-12 educators to learn and use new texts in the classroom, will travel the world through the eyes of authors writing under authoritarianism to try to understand the role of literature as document, commentator, and critic of restrictive regimes.
Khet Mar is a Burmese writer and political activist who was persecuted, tortured, and imprisoned in her home country. She is currently living at City of Asylum in Ithaca, NY as an exiled writer-in-residence. Her short novel about two oppressed teenagers speaking to each other through their apartment windows was, in her words, "a fictional way to express what happened to me in jail." Yet, the Burmese censors read the plot as metaphor and banned the novel. Khet Mar will lead the discussion herself, in person. Books, dinner, parking, and Act 48 hours provided. Register by September 25th here: https://docs.google.com/forms/d/e/1FAIpQLSegVl2JpCzbwCuHswd6FSbzwDP9QOxI...