When Corporatism Leads To Corporate Governance Failure

Author : Isabelle Schluep
Publisher : Unknown
Page : 124 pages
File Size : 42,5 Mb
Release : 2018
Category : Electronic
ISBN : OCLC:1304332017

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When Corporatism Leads to Corporate Governance Failure by Isabelle Schluep Pdf

Corporatism is often seen as the way Swiss stakeholders in business and politics are handling industrial challenges in a reasonable and flexible way. The following paper argues, however, that the emergence of corporatist structures in the Swiss watch industry has often encouraged rent-seeking and collusion at the expense of innovation and competition. This legacy makes it currently difficult for the industry to effectively respond to new technological challenges and changing societal preferences in the global watch business. The book draws on archival sources, accessible since 2015, that have also been extensively discussed in the Swiss print media in early 2016. They provide increasing evidence of corporate governance failure in the 1983 merger of SSIH (Société suisse pour l'industrie horlogère) and ASUAG (Allgemeine Schweizerische Uhrenindustrie AG) that led to today's Swatch Group. The merger, induced by the Swiss banks, was portrayed as a necessary step to save the two allegedly bankrupt watch companies. Yet, the archival sources show that ASUAG had already been successfully restructured and ready to conquer global markets with its new product, the Swatch.

Author : Isabelle Schluep Campo,Philipp Aerni
Publisher : Unknown
Page : 128 pages
File Size : 41,5 Mb
Release : 2016
Category : Electronic
ISBN : 0993293263

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When Corporatism Leads to Corporate Governance Failure by Isabelle Schluep Campo,Philipp Aerni Pdf

Author : Isabelle Schluep
Publisher : Unknown
Page : 124 pages
File Size : 42,9 Mb
Release : 2018
Category : Electronic
ISBN : OCLC:1304332017

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When Corporatism Leads to Corporate Governance Failure by Isabelle Schluep Pdf

Corporatism is often seen as the way Swiss stakeholders in business and politics are handling industrial challenges in a reasonable and flexible way. The following paper argues, however, that the emergence of corporatist structures in the Swiss watch industry has often encouraged rent-seeking and collusion at the expense of innovation and competition. This legacy makes it currently difficult for the industry to effectively respond to new technological challenges and changing societal preferences in the global watch business. The book draws on archival sources, accessible since 2015, that have also been extensively discussed in the Swiss print media in early 2016. They provide increasing evidence of corporate governance failure in the 1983 merger of SSIH (Société suisse pour l'industrie horlogère) and ASUAG (Allgemeine Schweizerische Uhrenindustrie AG) that led to today's Swatch Group. The merger, induced by the Swiss banks, was portrayed as a necessary step to save the two allegedly bankrupt watch companies. Yet, the archival sources show that ASUAG had already been successfully restructured and ready to conquer global markets with its new product, the Swatch.

Author : David M. Higgins
Publisher : Unknown
Page : 347 pages
File Size : 44,6 Mb
Release : 2018-05-26
Category : Business & Economics
ISBN : 9781107032675

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Brands, Geographical Origin, and the Global Economy by David M. Higgins Pdf

An interdisciplinary history of the campaign to secure international protection of indications of geographic origin, including 'Made in ...' slogans. It will appeal to students of business and economic history, geography, legal history and marketing.

Author : Philipp Aerni
Publisher : Springer
Page : 122 pages
File Size : 48,6 Mb
Release : 2018-12-08
Category : Business & Economics
ISBN : 9783030037987

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Global Business in Local Culture by Philipp Aerni Pdf

This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a positive net-impact on local development if they build up social capital by embedding themselves in local economies and engaging responsibly with local stakeholders. By doing so MNEs contribute to inclusive growth, a central pillar of the UN Sustainable Development Goals. In this context, the book challenges popular narratives in civil society and academia that frame foreign direct investment (FDI) merely as a threat to human rights and sustainable development. Moreover, it offers practical guidance for globally operating businesses seeking to establish progressive Corporate Social Responsibility (CSR) strategies of their own.

Author : Adolf A. Berle (Jr.),Gardiner Coit Means
Publisher : Unknown
Page : 432 pages
File Size : 49,6 Mb
Release : 1962
Category : Business enterprises
ISBN : PSU:000055769648

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The Modern Corporation and Private Property by Adolf A. Berle (Jr.),Gardiner Coit Means Pdf

Author : Ngozi Vivian Okoye
Publisher : Routledge
Page : 286 pages
File Size : 55,7 Mb
Release : 2015-03-05
Category : Business & Economics
ISBN : 9781317701415

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Behavioural Risks in Corporate Governance by Ngozi Vivian Okoye Pdf

Recent cases of corporate failures, including the fixing of LIBOR rates and money laundering issues in the banking industry, highlight how behavioural issues on the part of company directors are significant contributory factors in corporate governance and the success or failure of companies. This book examines how personality and behavioural issues have contributed to major corporate failures, and how this risk may be managed. The book examines behavioural risks in corporate governance, and evaluates the extent to which risk management mechanisms have acknowledged various aspects of behaviour. Drawing from cases in the UK, the US and Australia and research in psychology and the behavioural sciences, Ngozi Vivian Okoye argues that current corporate governance mechanisms lack provision for identifying and managing personality risks, and suggests how constituent elements of behaviour should be engaged with when developing preventive mechanisms for corporate failures. Okoye presents a conceptual framework for identifying and managing personality risks, and explores how personality risk may be built into corporate governance regulation. The book will be of great use and interest to researchers and practitioners in business and company law, corporate governance, and critical management studies.

Author : H. Kent Baker,Ronald Anderson
Publisher : John Wiley & Sons
Page : 690 pages
File Size : 41,9 Mb
Release : 2010-08-20
Category : Business & Economics
ISBN : 9780470877951

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Corporate Governance by H. Kent Baker,Ronald Anderson Pdf

A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.

Author : Ahmed Naciri
Publisher : Routledge
Page : 545 pages
File Size : 50,5 Mb
Release : 2008-02-14
Category : Business & Economics
ISBN : 9781134087884

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Corporate Governance Around the World by Ahmed Naciri Pdf

The last Asian financial crisis, coupled with the western series of corporate scandals, has caused investors and citizens to doubt mangers ability to guarantee credible financial information about organizations. Consequently, legislators all over the world have come to realise the necessity of legislating in the area of corporate governance.

Author : D. Zhenglai
Publisher : Springer
Page : 233 pages
File Size : 45,6 Mb
Release : 2011-10-10
Category : Political Science
ISBN : 9780230337589

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China’s Search for Good Governance by D. Zhenglai Pdf

Governance has emerged as a central concept and key word in China's governmental and local policy and practice at different levels. This edited collection combines empirical and normative researches as well as theoretical exploration and case studies on the governance theories and practices in China.

Author : Lorraine Talbot
Publisher : Routledge
Page : 271 pages
File Size : 52,9 Mb
Release : 2013-06-03
Category : Law
ISBN : 9781136233159

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Progressive Corporate Governance for the 21st Century by Lorraine Talbot Pdf

Progressive Corporate Governance for the 21st Century is a wide ranging and ambitious study of why corporate governance is the shape that it is, and how it can be better. The book sets out the emergence of shareholder primacy orientated corporate governance using a study of historical developments in the United Kingdom and the United States. Talbot sees shareholder primacy as a political choice made by governments, not a ‘natural’ feature of the inevitable market. She describes the periods of progressive corporate governance which governments promoted in the middle of the 20th century using a close examination of the theories of the company which then prevailed. She critically examines the rise of neoliberal theories on the company and corporate governance and argues that they have had a negative and regressive impact on social and economic development. In examining contemporary corporate governance she shows how regulatory styles as informed and described by prevailing regulatory theories, enables neoliberal outcomes. She illustrates how United Kingdom-derived corporate governance codes have informed the corporate governance initiatives of European and global institutions. From this she argues that neoliberalism has re-entered ex command transition economies through those United Kingdom and OECD inspired corporate governance Codes over a decade after the earlier failed and destructive neoliberal prescriptions for transition had been rejected. Throughout, Talbot argues that shareholder primacy has socially regressive outcomes and firmly takes a stand against current initiatives to enhance shareholder voting in such issues as director remuneration. The book concludes with a series of proposals to recalibrate the power between those involved in company activity; shareholders, directors and employees so that the public company can begin to work for the public and not shareholders.

Author : Sang-Woo Nam,Sang-u Nam
Publisher : Unknown
Page : 220 pages
File Size : 48,5 Mb
Release : 2004
Category : Corporate governance
ISBN : UOM:39015061470525

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Corporate Governance in Asia by Sang-Woo Nam,Sang-u Nam Pdf

Author : Nadia E. Nedzel
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 45,9 Mb
Release : 2020-08-28
Category : Law
ISBN : 9781789900736

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The Rule of Law, Economic Development, and Corporate Governance by Nadia E. Nedzel Pdf

Grounded in history and written by a law professor, this book is a scholarly yet jargon-free explanation of the differences between the common and civil law concepts of the rule of law, and details how they developed out of two different cultural views of the relationships between law, individuals, and government. The author shows how those differences lead to differences in economic development, entrepreneurship, and corporate governance.

Author : Knut Sogner,Andrea Colli
Publisher : Routledge
Page : 213 pages
File Size : 41,7 Mb
Release : 2021-05-31
Category : Business & Economics
ISBN : 9781000395976

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The Emergence of Corporate Governance by Knut Sogner,Andrea Colli Pdf

Corporate governance is not just about models of best practice organisation or prescriptions following laws or social conventions. Corporate governance is also about persons of power seeking performance, and they do so in ways that transcend structures and pre-conceived notions of the structural set-up of the business. This book emphasises the decision-making dimensions of corporate governance, placing it right in the messy middle of the ever-changing world of capitalism, focussing on the interplay between professional managers and shareholders. This book aims to bring together several fresh perspectives on the development of capitalism seen through the lens of corporate governance. It illustrates the role of intentionality and persons, both as a method with which to understand processes of change, but also as a principle with which to seek a deeper understanding of the corporate governance choices made. It will be of interest to researchers, academics and students in the fields of corporate governance and entrepreneurship, as well as practitioners and other audience interested in the evolution of capitalism and corporate culture.

Author : Joel Mokyr
Publisher : Oxford University Press
Page : 2812 pages
File Size : 43,7 Mb
Release : 2003-10-16
Category : Business & Economics
ISBN : 9780190282998

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The Oxford Encyclopedia of Economic History by Joel Mokyr Pdf

What were the economic roots of modern industrialism? Were labor unions ever effective in raising workers' living standards? Did high levels of taxation in the past normally lead to economic decline? These and similar questions profoundly inform a wide range of intertwined social issues whose complexity, scope, and depth become fully evident in the Encyclopedia. Due to the interdisciplinary nature of the field, the Encyclopedia is divided not only by chronological and geographic boundaries, but also by related subfields such as agricultural history, demographic history, business history, and the histories of technology, migration, and transportation. The articles, all written and signed by international contributors, include scholars from Europe, Latin America, Africa, and Asia. Covering economic history in all areas of the world and segments of ecnomies from prehistoric times to the present, The Oxford Encyclopedia of Economic History is the ideal resource for students, economists, and general readers, offering a unique glimpse into this integral part of world history.