Globalization and Corporate Governance in Developing Countries provides a clear-eyed analysis of the effects of the global economy on developing countries, which often face an up-hill battle when they opt to compete in a global market. Listing on a foreign exchange alone can be daunting, because it means following the home rules as well as a different set of stringent rules and elevated cost required by the listing exchange. Within this context, the question of cost-effectiveness, the desirability of possible changes to the company and tangible benefits are raised. The effects of globalization clearly travel a two-way street. Is harmonization possible and sensible? This book weighs options and poses questions within a balanced assessment of new economic reality. This volume is in the International Law and Development Series edited by Professor Raj Bhala. Published under the Transnational Publishers imprint.

The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsider' corporate governance model prevalent in the UK and the US. What these pressures from globalization are, how they manifest themselves, whether they are likely to cause such a convergence/transformation and whether these pressures will continue, lie at the heart of the exploration in this volume. The Globalization of Corporate Governance provides a detailed analysis of the evolution of the key corporate governance systems in the UK, the US and Germany from the perspective of the development of economic globalization. As such it is a valuable resource for those interested in how economic and legal reforms interact to produce change within corporate governance systems.

With global financial markets having become more integrated, the book pays particular attention to the role of corporate governance in emerging-market economies and international capital flows. Rich in facts and ideas, the book is for anyone interested in financial crises, international risk management and global competitiveness.

"This book investigates the impact of diverse cultures on the development and actualization of global economic entities, exploring advanced methods and best practices for the effective utilization and management of financial organizations within a globalized political context"--Provided by publisher.

Globalization has become a common phenomenon, yet one that many people experience as a threat not only to their economic existence, but also to their cultural and moral self-image. This volume takes an interdisciplinary approach to provide a theoretical overview of how business ethics deals with the phenomenon of globalization. The authors first examine the origins and development of globalization and its interaction with business ethics, before discussing the impact on and role of national and multinational corporations. The book goes on to examine the relationship between industrialized and developing countries, and explores the place of ethics in globalized markets.

Globalization is a process of interaction and integration among people, businesses, institutions, and governments of different countries in many aspects surrounding human lives. It is not a threat to sovereignty or a form of Westernization. This book discusses international economics and globalization, explores global business strategies, deliberates business ethics and corporate social responsibility, and examines other related aspects from a global perspective.

As countries come to terms with the global financial crisis their citizens become more assertive in many parts of the world. Challenges to conventional wisdom on economic governance are accompanied by the popular rejection of archaic systems of state government. At the global level new economic and political forces challenge former patterns of international domination.In these contexts appropriate governance is the imperative of the age. Economic globalisation in particular requires reassessments of state and corporate governance, as well as reconsideration of how the international political economy is governed - or not governed.This book examines these themes from different disciplinary perspectives, in different national and institutional settings, and in terms of high theory and practical service delivery. It is topical and insightful and provokes thought on the governance challenges ahead.

The structure of corporate governance has made significant progress in OECD countries but it remains imperfectly linked to the activities of many businesses. Its advance on the global stage will be hesitant and slow until its practice in OECD countries is more consistent and convincing. Weaknesses in corporate governance and law enforcement are impeding the investment needed to build the global economy to its full potential. The Globalisation of Corporate Governance: The Challenge of Clashing Cultures, explores the challenges of making corporate governance effective for all participants in a global economy. The tasks of: o

The establishment of good governance is a major challenge for the developing world, along with the need to sustain the progress resulting from developmental efforts. Although there are numerous studies on the development and governance of emerging nations, few volumes make a serious effort to bring together these two critical concepts. International Development Governance combines the two concepts - development and governance - by examining the issues and problems faced by nations in their attempts to establish sustainable governance. This textbook also initiates discussions on the concept of development governance in an international context. The book fills the gap in existing literature by drawing upon the experience and expertise of scholars from a broad spectrum of knowledge. Their views explain the issues and problems with reference to a number of tools that could establish "development governance" and sustain it. The text offers in-depth examinations of developmental sectors, resulting in a textbook that will inspire future public officials, policy makers, and consultants to contribute to the betterment of life for citizens of developing countries.

"The book links studies of corporate governance with surveys of efficiencies and failures in international financial markets, as well as examining aspects of corporate governance systems that have special significance for the management of economic policies as globalization continues. The contributors advocate increased international cooperation to promote more structural complementarities in the world economy."--BOOK JACKET.