Cornelia Woll | 5th Annual Lecture Series On The Ethics Of Capitalism
In a geoeconomic world, companies are transmission belts and sites of conflict between states. In her recent book Corporate Crime and Punishment, Cornelia Woll explores how the United States has used corporate criminal law well beyond its territory in support of legal ambitions but also its national interests. The extraterritorial reach of domestic law was enabled by out-of-court settlements that foreign companies agreed to preserve their access to economic networks of the Western hemisphere. Due to their effectiveness, similar negotiation-based instruments were quickly adopted across numerous allies of the United States. At the heart of the book is a critical analysis of how economic law enforcement has become entangled with geopolitics, where legal actions can serve as instruments of international power struggles. This in turn triggers institutional change in numerous countries, profoundly reshaping the moral economy of global markets.ABOUT THE SPEAKER
Cornelia Woll is President of the Hertie School and Professor of International Political Economy. Woll came to the Hertie School in 2022 from Sciences Po in Paris, where she had served in many roles since 2006, including President of the Academic Board, Professor of Political Science, Co-Director of the Max Planck Sciences Po Center. She has been a visiting professor at Goethe University Frankfurt and Harvard University. Woll holds a habilitation in political science from the University of Bremen (2013), a bi-national PhD from Sciences Po and the University of Cologne (2005), and an MA and a BA in international relations and political science from the University of Chicago.
Her research focuses on the international political economy and economic sociology, in particular regulatory issues in the European Union and the United States. A specialist on business-government relations, she is the author of Corporate Crime and Punishment: Negotiated Justice in Global Markets (Princeton, 2023), The Power of Inaction: Bank Bailouts in Comparative Perspective (Cornell, 2014) and Firm Interest: How Governments Shape Business Lobbying on Global Trade (Cornell, 2008). Other work has examined economic patriotism, trade and industrial policies, Europeanisation and employers’ organisations. Receive SMS online on sms24.me
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