Stefan Handke - Profile on Academia.edu (original) (raw)
Papers by Stefan Handke
Explaining trends: nonprofit QA agencies becoming business-like
Edward Elgar Publishing eBooks, Feb 3, 2023
Taking stock: quality assurance from a (nonprofit) business perspective
Edward Elgar Publishing eBooks, Feb 3, 2023
Staking the claim: quality assurance in higher education
Edward Elgar Publishing eBooks, Feb 3, 2023
Exploring dynamics: the future system of higher education quality assurance
Edward Elgar Publishing eBooks, Feb 3, 2023
Accreditation Agencies in the European Higher Education Area
Nutzen und Grenzen von SSI für Verwaltung und öffentliche Institutionen
HMD Praxis der Wirtschaftsinformatik
Get the show on the road: introducing higher education quality assurance and nonprofit organisations
Accreditation Agencies in the European Higher Education Area
Sichere digitale Identitäten zwischen Markt und Staat
Innovative Verwaltung
The economy: strategy and practice, 2021
The purpose of the study is to explore existing literature on quality management tools applicable... more The purpose of the study is to explore existing literature on quality management tools applicable in higher education and identify major critical factors of TQM adapted from the business sector. A major part of the research focuses on an exploratory literature review of the most well-known existing business quality management tools applicable to higher education. Design/methodology/approach-An exploratory literature review was conducted using a well-known, highly respected database "Web of Science Core Collection". Findings-The presented study offers a deep literature analysis of effective practices for implementing quality management tools in higher education. The practical value of the paper is university administrators and quality managers can apply it as guidelines in selecting the best cases of quality techniques applicable in their organizations for strategic development, university performance and quality improvement. The originality of the paper-is it can serve as a theoretical guideline for regional academics, scholars and university managers and administrators to define an appropriate quality management tool to meet requirements of external stakeholders (employers).
Digitalisierung der öffentlichen Verwaltung: Öffentlichkeit als Reformkatalysator
Gemeinschaften in Neuen Medien. Digitale Partizipation in hybriden Realitäten und Gemeinschaften., 2021
This cumulative dissertation examines the institutional change in German financial market policy ... more This cumulative dissertation examines the institutional change in German financial market policy since 2008. Starting with the observation that the financial market crisis caused only few changes in supervision and regulation of financial markets, the analysis focuses on answering the question why institutions-i.e. formal and informal rules and structural arrangements-were changing just slightly. The relevance for political science arises from the fact that crises as shocks often lead to policy learning and hence to institutional change. The BSE crisis can serve as an example for such a change in the recent past. There, problems in food safety led to political debates and ultimately to the creation of new rules and authorities. After the financial crisis this was different in German financial market policy. Despite numerous announcements changes did not materialise, since the strategic behaviour of rational actors and the formation of industry-dominated coalitions prevented significant reforms in supervision and regulation. The four publications, which this dissertation bases on, focus on different topics of financial market policy. At first, there is a conceptual framing of regulation as rule-making and supervision as ruleenforcement. Further, the structure of German financial market supervision and the particularities of cooperation between the German Financial Supervisory Authority (BaFin), the Federal Ministry of Finance and the German Bundesbank are examined. Particular attention is given to the issues of coordination and control, which are theoretically underpinned by principal-agent theory and the trust approach.
This article raises the question over whether there have been changes in the mode of delegation b... more This article raises the question over whether there have been changes in the mode of delegation between national executives and national regulatory agencies in the financial sector caused by the financial market crisis. Illustrated by the case of Germany, the two following ideal types of delegation are elaborated and applied to the case of the German supervisory authority BaFin: principal-agent theory and trust theory. For the periods before and after the crisis, political influence on the agency is examined andwith its intentions and resultsassigned to one of the two ideal types. With this approach the financial market crises cannot be identified as the trigger for changes in the mode of delegation but merely as a kind of catalyst.
Ein konturloser Begriff mit Konjunktur: Das deutsche Verständnis von Finanzmarktregulierung
dms – der moderne staat – Zeitschrift für Public Policy, Recht und Management, 2010
In Reaktion auf die aktuelle Finanzmarktkrise ist der Begriff der Finanzmarktregulierung in Wisse... more In Reaktion auf die aktuelle Finanzmarktkrise ist der Begriff der Finanzmarktregulierung in Wissenschaft und Politik allgegenwärtig, dabei ist seine inhaltliche Bedeutung weitgehend unklar, da er häufig synonym mit dem Begriff der Aufsicht gebraucht wird. Vor diesem Hintergrund konturiert der Artikel das Konzept der Finanzmarktregulierung in Abgrenzung zur traditionellen Finanzmarktaufsicht, indem er die verschiedenen Verwendungen des Begriffs in der Debatte um Regulierungsreformen herausarbeitet. Es wird dabei gezeigt, bei welchen politischen Vorschlägen es sich um Veränderungen der Regulierung bzw. der Aufsicht handelt und in welchen Bereichen die terminologische und konzeptionelle Dimension voneinander abweichen. Regulierung wird dabei als Regelsetzung im Sinne der Schaffung von Vorschriften und Aufsicht als Regeldurchsetzung verstanden. Am Beispiel der deutschen Finanzmarktregulierung werden sowohl die Aufgabenvermischung der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFi...
German policy studies, 2012
1 Introduction When in 2011 the financial market crisis turned into a debt crisis affecting not o... more 1 Introduction When in 2011 the financial market crisis turned into a debt crisis affecting not only banks and insurance companies but also entire countries, the negative consequences of the 2007/2008 crisis were not even got over. Governments in Europe and other regions have to prevent the collapse of whole economies or even the entire euro zone. Facing new challenges, the political answers to the crisis before are almost forgotten and the implementation of new regulation is hardly recognized publicly. The same applies to the failed reform of the German financial market supervisory system. With regard to supervision, the German government decided to keep the status quo ante before the crisis although the modification of the system had been a main topic on the political agenda for more than one year. With the crisis on the climax, the government announced to improve regulation and supervision for more financial market stability in the future. At this time, the crisis brought the sta...
Politische Vierteljahresschrift, 2011
The financial crisis revealed weaknesses in the policy making and supervisory capacities of the G... more The financial crisis revealed weaknesses in the policy making and supervisory capacities of the German Ministry of Finance (BMF). Due to a lack of adequate personnel and the challenges of unexpected tasks, the ministry had to outsource certain functions in policy formulation. However, it did not only mandate the German Supervisory Authority (BaFin), but also law firms like Freshfields. As a matter of fact, the crisis showed only the tip of the iceberg, because the BMF is not even able to cope with its responsibilities in daily business. Institutional reforms, which were discussed in German politics, did not deal with this problem, but settled for symbolic actions.
Verwaltung & Management, 2013
Leviathan, 2012
Die jüngste Finanzmarktkrise gilt als die schwerste seit der Weltwirtschaftskrise von 1929. Denno... more Die jüngste Finanzmarktkrise gilt als die schwerste seit der Weltwirtschaftskrise von 1929. Dennoch fielen die Reaktionen in Bezug auf die Anpassungen der Finanzmarktaufsicht und -regulierung weniger stark aus als zunächst erwartet. Auch in Deutschland blieb das System der Finanzmarktaufsicht weitgehend unverändert, obwohl es während der Krise weitreichende Reformbestrebungen gegeben hatte. Dieser Beitrag, der an eine breite politikwissenschaftliche Forschung zu Fragen der Finanzmarktpolitik anknüpft, widmet sich den Ursachen, die dem Ausbleiben des institutionellen Wandels zugrunde liegen. Noch immer wird in Wissenschaft und Politik über die Auswirkungen auf die Finanz-und Wirtschaftssysteme diskutiert. Dies findet allerdings nicht mehr öffentlichkeitswirksam statt, da die Verwerfungen auf dem Finanzmarkt von anderen Themen überlagert worden sind. Entsprechend hat die Bundesregierung bereits Anfang 2011 die Krise für beendet erklärt und die Rückkehr der deutschen Wirtschaft auf einen Wachstumspfad in Aussicht gestellt. 1 Angefangene Vorhaben zur Verbesserung von Finanzmarktregulierung und -aufsicht werden seither nur noch ambitionslos abgearbeitet oder verlaufen im Sande. Zu den Reaktionen auf die Krise gehörten in vielen Staaten Konjunkturprogramme, die als Maßnahmen gegen wirtschaftliche Einbrüche gedacht waren. Zudem wurden Staatseingriffe im Finanzsektor als nötig erachtet, um systemgefährdende Zusammenbrüche einzelner Institute wie der Hypo Real Estate zu verhindern. 2 Die Krise hatte politische Akteure, Medien, Interessengruppen und auch die Finanzbranche selbst scheinbar davon überzeugt, dass nationale und globale Finanzmärkte einer stärkeren Regulierung und einer besseren Beaufsichtigung bedürfen. Die Krise bot also eine Gelegenheit für eine institutionelle Veränderung in der Finanzaufsicht und -regulierung. 3 Aufsicht und Regulierung werden häufig synonym verwendet, aber sie beschreiben etwas Verschiedenes. In knapper Form lässt sich Regulierung als Setzung von Regeln beschreiben, die die Ziele der Finanzmarktstabilität und des Verbraucherschutzes verfolgen, während Aufsicht die Überwachung und Durchsetzung der Einhaltung dieser Regeln umfasst. 4
Policy and Society, 2012
The financial market crisis put the spotlight on the performance of two main German government bo... more The financial market crisis put the spotlight on the performance of two main German government bodies in financial market policy, the German Ministry of Finance (BMF) and the German Supervisory Authority (BaFin). The problem of delegation between the BMF as the principal of the agent BaFin is the focus of this article. During the crisis a lack of personnel in the BMF and the structural asymmetry between BaFin and the ministry caused problems in the formulation of crisis policies and in the handling of the subordinate authority. However, the crisis showed only the tip of an iceberg, because the BMF suffers from fundamental deficits in coping with the daily business of financial market policy and the control of an agency which gained more autonomy than politically intended. The overarching question is whether the BMF or BaFin controls German financial market policy.
Explaining trends: nonprofit QA agencies becoming business-like
Edward Elgar Publishing eBooks, Feb 3, 2023
Taking stock: quality assurance from a (nonprofit) business perspective
Edward Elgar Publishing eBooks, Feb 3, 2023
Staking the claim: quality assurance in higher education
Edward Elgar Publishing eBooks, Feb 3, 2023
Exploring dynamics: the future system of higher education quality assurance
Edward Elgar Publishing eBooks, Feb 3, 2023
Accreditation Agencies in the European Higher Education Area
Nutzen und Grenzen von SSI für Verwaltung und öffentliche Institutionen
HMD Praxis der Wirtschaftsinformatik
Get the show on the road: introducing higher education quality assurance and nonprofit organisations
Accreditation Agencies in the European Higher Education Area
Sichere digitale Identitäten zwischen Markt und Staat
Innovative Verwaltung
The economy: strategy and practice, 2021
The purpose of the study is to explore existing literature on quality management tools applicable... more The purpose of the study is to explore existing literature on quality management tools applicable in higher education and identify major critical factors of TQM adapted from the business sector. A major part of the research focuses on an exploratory literature review of the most well-known existing business quality management tools applicable to higher education. Design/methodology/approach-An exploratory literature review was conducted using a well-known, highly respected database "Web of Science Core Collection". Findings-The presented study offers a deep literature analysis of effective practices for implementing quality management tools in higher education. The practical value of the paper is university administrators and quality managers can apply it as guidelines in selecting the best cases of quality techniques applicable in their organizations for strategic development, university performance and quality improvement. The originality of the paper-is it can serve as a theoretical guideline for regional academics, scholars and university managers and administrators to define an appropriate quality management tool to meet requirements of external stakeholders (employers).
Digitalisierung der öffentlichen Verwaltung: Öffentlichkeit als Reformkatalysator
Gemeinschaften in Neuen Medien. Digitale Partizipation in hybriden Realitäten und Gemeinschaften., 2021
This cumulative dissertation examines the institutional change in German financial market policy ... more This cumulative dissertation examines the institutional change in German financial market policy since 2008. Starting with the observation that the financial market crisis caused only few changes in supervision and regulation of financial markets, the analysis focuses on answering the question why institutions-i.e. formal and informal rules and structural arrangements-were changing just slightly. The relevance for political science arises from the fact that crises as shocks often lead to policy learning and hence to institutional change. The BSE crisis can serve as an example for such a change in the recent past. There, problems in food safety led to political debates and ultimately to the creation of new rules and authorities. After the financial crisis this was different in German financial market policy. Despite numerous announcements changes did not materialise, since the strategic behaviour of rational actors and the formation of industry-dominated coalitions prevented significant reforms in supervision and regulation. The four publications, which this dissertation bases on, focus on different topics of financial market policy. At first, there is a conceptual framing of regulation as rule-making and supervision as ruleenforcement. Further, the structure of German financial market supervision and the particularities of cooperation between the German Financial Supervisory Authority (BaFin), the Federal Ministry of Finance and the German Bundesbank are examined. Particular attention is given to the issues of coordination and control, which are theoretically underpinned by principal-agent theory and the trust approach.
This article raises the question over whether there have been changes in the mode of delegation b... more This article raises the question over whether there have been changes in the mode of delegation between national executives and national regulatory agencies in the financial sector caused by the financial market crisis. Illustrated by the case of Germany, the two following ideal types of delegation are elaborated and applied to the case of the German supervisory authority BaFin: principal-agent theory and trust theory. For the periods before and after the crisis, political influence on the agency is examined andwith its intentions and resultsassigned to one of the two ideal types. With this approach the financial market crises cannot be identified as the trigger for changes in the mode of delegation but merely as a kind of catalyst.
Ein konturloser Begriff mit Konjunktur: Das deutsche Verständnis von Finanzmarktregulierung
dms – der moderne staat – Zeitschrift für Public Policy, Recht und Management, 2010
In Reaktion auf die aktuelle Finanzmarktkrise ist der Begriff der Finanzmarktregulierung in Wisse... more In Reaktion auf die aktuelle Finanzmarktkrise ist der Begriff der Finanzmarktregulierung in Wissenschaft und Politik allgegenwärtig, dabei ist seine inhaltliche Bedeutung weitgehend unklar, da er häufig synonym mit dem Begriff der Aufsicht gebraucht wird. Vor diesem Hintergrund konturiert der Artikel das Konzept der Finanzmarktregulierung in Abgrenzung zur traditionellen Finanzmarktaufsicht, indem er die verschiedenen Verwendungen des Begriffs in der Debatte um Regulierungsreformen herausarbeitet. Es wird dabei gezeigt, bei welchen politischen Vorschlägen es sich um Veränderungen der Regulierung bzw. der Aufsicht handelt und in welchen Bereichen die terminologische und konzeptionelle Dimension voneinander abweichen. Regulierung wird dabei als Regelsetzung im Sinne der Schaffung von Vorschriften und Aufsicht als Regeldurchsetzung verstanden. Am Beispiel der deutschen Finanzmarktregulierung werden sowohl die Aufgabenvermischung der Bundesanstalt für Finanzdienstleistungsaufsicht (BaFi...
German policy studies, 2012
1 Introduction When in 2011 the financial market crisis turned into a debt crisis affecting not o... more 1 Introduction When in 2011 the financial market crisis turned into a debt crisis affecting not only banks and insurance companies but also entire countries, the negative consequences of the 2007/2008 crisis were not even got over. Governments in Europe and other regions have to prevent the collapse of whole economies or even the entire euro zone. Facing new challenges, the political answers to the crisis before are almost forgotten and the implementation of new regulation is hardly recognized publicly. The same applies to the failed reform of the German financial market supervisory system. With regard to supervision, the German government decided to keep the status quo ante before the crisis although the modification of the system had been a main topic on the political agenda for more than one year. With the crisis on the climax, the government announced to improve regulation and supervision for more financial market stability in the future. At this time, the crisis brought the sta...
Politische Vierteljahresschrift, 2011
The financial crisis revealed weaknesses in the policy making and supervisory capacities of the G... more The financial crisis revealed weaknesses in the policy making and supervisory capacities of the German Ministry of Finance (BMF). Due to a lack of adequate personnel and the challenges of unexpected tasks, the ministry had to outsource certain functions in policy formulation. However, it did not only mandate the German Supervisory Authority (BaFin), but also law firms like Freshfields. As a matter of fact, the crisis showed only the tip of the iceberg, because the BMF is not even able to cope with its responsibilities in daily business. Institutional reforms, which were discussed in German politics, did not deal with this problem, but settled for symbolic actions.
Verwaltung & Management, 2013
Leviathan, 2012
Die jüngste Finanzmarktkrise gilt als die schwerste seit der Weltwirtschaftskrise von 1929. Denno... more Die jüngste Finanzmarktkrise gilt als die schwerste seit der Weltwirtschaftskrise von 1929. Dennoch fielen die Reaktionen in Bezug auf die Anpassungen der Finanzmarktaufsicht und -regulierung weniger stark aus als zunächst erwartet. Auch in Deutschland blieb das System der Finanzmarktaufsicht weitgehend unverändert, obwohl es während der Krise weitreichende Reformbestrebungen gegeben hatte. Dieser Beitrag, der an eine breite politikwissenschaftliche Forschung zu Fragen der Finanzmarktpolitik anknüpft, widmet sich den Ursachen, die dem Ausbleiben des institutionellen Wandels zugrunde liegen. Noch immer wird in Wissenschaft und Politik über die Auswirkungen auf die Finanz-und Wirtschaftssysteme diskutiert. Dies findet allerdings nicht mehr öffentlichkeitswirksam statt, da die Verwerfungen auf dem Finanzmarkt von anderen Themen überlagert worden sind. Entsprechend hat die Bundesregierung bereits Anfang 2011 die Krise für beendet erklärt und die Rückkehr der deutschen Wirtschaft auf einen Wachstumspfad in Aussicht gestellt. 1 Angefangene Vorhaben zur Verbesserung von Finanzmarktregulierung und -aufsicht werden seither nur noch ambitionslos abgearbeitet oder verlaufen im Sande. Zu den Reaktionen auf die Krise gehörten in vielen Staaten Konjunkturprogramme, die als Maßnahmen gegen wirtschaftliche Einbrüche gedacht waren. Zudem wurden Staatseingriffe im Finanzsektor als nötig erachtet, um systemgefährdende Zusammenbrüche einzelner Institute wie der Hypo Real Estate zu verhindern. 2 Die Krise hatte politische Akteure, Medien, Interessengruppen und auch die Finanzbranche selbst scheinbar davon überzeugt, dass nationale und globale Finanzmärkte einer stärkeren Regulierung und einer besseren Beaufsichtigung bedürfen. Die Krise bot also eine Gelegenheit für eine institutionelle Veränderung in der Finanzaufsicht und -regulierung. 3 Aufsicht und Regulierung werden häufig synonym verwendet, aber sie beschreiben etwas Verschiedenes. In knapper Form lässt sich Regulierung als Setzung von Regeln beschreiben, die die Ziele der Finanzmarktstabilität und des Verbraucherschutzes verfolgen, während Aufsicht die Überwachung und Durchsetzung der Einhaltung dieser Regeln umfasst. 4
Policy and Society, 2012
The financial market crisis put the spotlight on the performance of two main German government bo... more The financial market crisis put the spotlight on the performance of two main German government bodies in financial market policy, the German Ministry of Finance (BMF) and the German Supervisory Authority (BaFin). The problem of delegation between the BMF as the principal of the agent BaFin is the focus of this article. During the crisis a lack of personnel in the BMF and the structural asymmetry between BaFin and the ministry caused problems in the formulation of crisis policies and in the handling of the subordinate authority. However, the crisis showed only the tip of an iceberg, because the BMF suffers from fundamental deficits in coping with the daily business of financial market policy and the control of an agency which gained more autonomy than politically intended. The overarching question is whether the BMF or BaFin controls German financial market policy.