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Journal Articles Accounting, Economics and Law: A convivium Year : 2016

A Rejoinder by the Author


First lines: In order to respond to the insightful and detailed discussion, I find it helpful to group the authors according to the most relevant issues they have identified. First, I will return to the notion of power in business-government relations, which Wilmarth and Barnes discuss at length and which Reinke finds problematic. Second, I will clarify the use of the game-theoretical framing, which has certain heuristic limitations. It does, however, address the governments’ strategy, contrary to the criticism of Reinke and Jensen. Third, I dive into the empirical study to address other factors that help to explain bailout arrangements. I show why I disagree firmly with Jensen, who believes that healthy banks alone are sufficient to analyze the six cases, suggesting that my argument is over-determined. I do concede, however, that additional elements help to provide a richer analysis, in particular the institutional and legal settings highlighted by Moutot and Thiemann.

Dates and versions

hal-02182385 , version 1 (12-07-2019)



Cornelia Woll. A Rejoinder by the Author. Accounting, Economics and Law: A convivium, 2016, 6 (1), pp.85-92. ⟨10.1515/ael-2016-0005⟩. ⟨hal-02182385⟩
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