<abstract xmlns="http://www.w3.org/1999/xhtml"><p> In 2007, the EU adopted the most comprehensive chemical regulation in the world. The so-called REACH requires all chemical producers and importers to register and evaluate their chemical products and, when necessary, replace them with safer alternatives. For the administration of REACH, a new European Chemicals Agency (ECHA) was established. Establishment of this specialized body under the close supervision of the European Commission created in many ways an untraditional relationship which differs from the agent-principal model. The main aim of this article is to explore the specific nature of the agent-principal relationship between the ECHA and the European Commission in the areas of delegation, information asymmetry, motivation and control structures and emphasize how specific measures may limit the negative outcomes of the agent-principal dilemma.</p></abstract>

In 2007, the EU adopted the most comprehensive chemical regulation in the world. The so-called REACH requires all chemical producers and importers to register and evaluate their chemical products and, when necessary, replace them with safer alternatives. For the administration of REACH, a new European Chemicals Agency (ECHA) was established. Establishment of this specialized body under the close supervision of the European Commission created in many ways an untraditional relationship which differs from the agent-principal model. The main aim of this article is to explore the specific nature of the agent-principal relationship between the ECHA and the European Commission in the areas of delegation, information asymmetry, motivation and control structures and emphasize how specific measures may limit the negative outcomes of the agent-principal dilemma.

Agent–Principal Dilemma and the EU Chemical Management

TalTech Journal of European Studies

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Agent\u2013Principal Dilemma and the EU Chemical Management"}

In 2007, the EU adopted the most comprehensive chemical regulation in the world. The so-called REACH requires all chemical producers and importers to register...

Agent–Principal Dilemma and the EU Chemical Management

Pubblicato online: 12 giu 2018

Pagine: 154 - 175

DOI: https://doi.org/10.1515/bjes-2018-0009

Parole chiave
agent-principal model, chemical regulation, EU chemical management, European Commission, European Chemicals Agency, REACH

© 2018 Ondřej Filipec, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Agent–Principal Dilemma and the EU Chemical Management

Pubblicato online: 12 giu 2018

Pagine: 154 - 175

DOI: https://doi.org/10.1515/bjes-2018-0009

Parole chiaveagent-principal model, chemical regulation, EU chemical management, European Commission, European Chemicals Agency, REACH

© 2018 Ondřej Filipec, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Parole chiave
agent-principal model, chemical regulation, EU chemical management, European Commission, European Chemicals Agency, REACH