Rules for the future Opportunities for sustainable entrepreneurship in the Netherlands Index Introduction — Jan Nooitgedagt 9 1 I Patterns in regulatory measures The burden of rules: do we want to and can we stop their growth? 14 - Huib van Olden 21 Why less is more - Interview with Gerrit Zalm 28 Rules versus exceptions: solving dilemmas through servant leadership - Fons Trompenaars Portrait of an exceptional regulator: Ad van Wijk 33 How rules obstruct entrepreneurship: lessons from microfinance 36 - Diederik Laman Trip, Klaas Molenaar, Marjan van Lier, Joyce Sylvester It is not the role of democratic rules to stop progress - August Herrewijn 42 Holland hurrah? Developing Dutch international legal practice 46 and its perspectives - Dick Weiffenbach 2 I Regulatory measures and competition Attracting foreign companies as a factor of success -Jan Siemons 56 The Netherlands as a trading post and a centre of international 63 service provision - Marnix van Rij Globalisation puts our versatility to the test - Wim Kok 72 Portrait of an exceptional regulator: Aart van Beuzekom 78 5 Focusing in on the outside - Michel Tilmant 80 Rules must stimulate—Harry Hendriks 88 The time has come for change - Interview with Loek Hermans 94 3 | Rules for innovation and sustainability Corporate Social Responsibility: the carrot works better than the stick Nancy Kamp-Roelands Kyoto: How rules stimulate but do not guarantee trade in sustainability 104 - Dietmar Laske Supervisory directors address corporate social responsibility - Dick de Waard 112 Portrait of an exceptional regulator: Cees Dekker ll6 How regulations inhibit innovation - Kees van Schagen Business as the motor for a sustainable society- Johan Wempe 128 130 139 4 | Governance, supervision and reporting Not rules but principles give guidance - Cees Visser 150 Developing liability within the perspective of corporate law 160 - Denis Willemars Principle-based regulations require robust enforcement structures 168 -Martin Hoogendoorn Portrait of an exceptional regulator: Winny Hoffmann 176 Rule-based versus principle-based: the supervisor's perspective 178 -Arnold Schilder 6 Index Supervisory directorship is becoming profession - Auke de Bos 186 Companies and advisors can win by using restraint when 195 managing chances - Lutgart van den Berghe 5 | Rules for the future How the amygdala and neocortex go astray in cyberspace 204 - Monique Otten XBRL: The end of annual accounts and the beginning of 213 Google reporting- Hans Verkruijsse Better rules in 2028 - the role of law faculties - Carel Stolker 223 Portrait of an exceptional regulator: Zoran van Gessel 230 Europe requires involvement and identity -Laurens Jan Brinkhorst 232 Finding opportunity in a globalised economy-James Turley 240 Class of 2008: Theses for Master's Thesis Award 246 - Piet Hein Coebergh Annexes History of Ernst & Young Nederland 256 List of contributors 259 7 .