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Legitimacy building for the European Energy Exchange

Die Gewinnung von Legitimität für die European Energy Exchange
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Giacovelli, Sebastian

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Abstract "This paper analyzes the strategies to build legitimacy for the European Energy Exchange in Leipzig (short: EEX) which became the central trading place for electricity in Germany in 2002. Following Suchman's differentiation in the three phases of gaining, maintaining and repairing legitimacy, it focuses on the phase of gaining legitimacy. The arguments in this article are predominately based on neoinstitutional sociology. They are part of a larger project on the forms, functions and consequences of price building at the EEX." (author's abstract)
Keywords Federal Republic of Germany; energy industry; energy; market; legitimation; strategy; stock exchange; historical development; commerce; general conditions; financial market; Saxony; transparency; Hesse; formation of prices
Classification Sociology of Economics; Economic Sectors; European Politics
Method descriptive study
Document language English
Publication Year 2011
Page/Pages p. 202-219
Journal Historical Social Research, 36 (2011) 3
Issue topic Change of markets and market societies: concepts and case studies / Wandel von Märkten und Marktgesellschaften: Konzepte und Fallstudien
ISSN 0172-6404
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works