Corporate governance and capital flows in a global economy / edited by Peter K. Cornelius and Bruce Kogut.

Format:

Book

Contributor:

Cornelius, Peter, 1960-

Kogut, Bruce Mitchel.

Series:

Global outlook series

Language:

English

Subjects (All):

Corporate governance.

International business enterprises.

Capital movements.

Physical Description:

xviii, 506 pages : illustrations ; 23 cm.

Place of Publication:

New York : Oxford University Press, 2003.

Summary:

This volume is a timely and insightful exploration into the issues of corporate governance and the impact of corporate governance practices on investments in developing countries. Sponsored by the World Economic Forum, INSEAD, and Wharton, this book collects original essays from senior researchers at the worlds top academic institutions as well as from key policymakers and business leaders, It analyzes global aspects of governance in relation to such issues as corporate performance, privatization, venture capitalism, and workers. 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, Corporate Governance and Capital Flows in a Global Economy is a must read for anyone interested in financial crises, international risk management, and global competitiveness.

Contents:

Foreword / Patrick T. Harker, Gabriel Hawawini

Foreword / Klaus Schwab

Introduction: Corporate governance and capital flows in a global economy / Peter K. Cornelius, Bruce Kogut

PART I. CURRENT AND EMERGING CHALLENGES IN CORPORATE GOVERNANCE

Enron and its aftermath:

What caused Enron?: a capsule of social and economic history of the 1990s / John C. Coffee, Jr.

Shareholder value, corporate governance, and corporate performance: a post-Enron reassessment of the conventional wisdom / Margaret M. Blair

Bubble and the media / Alexander Dyck, Luigi Zingales

Expanding the purview of governance: employees and early investors:

Employees and corporate governance / Mary O'Sullivan

Venture capital and corporate governance / Franklin Allen, Wei-ling Song

PART II. CORPORATE GOVERNANCE, ECONOMIC DEVELOPMENT, AND CROSS-BORDER CAPITAL FLOWS

Capital flows and multinational corporations:

Prospects for emerging-market flows amid investor concerns about corporate governance / Helmut Reisen

Direct investment and corporate governance: will multinational corporations "tip" countries toward institutional change? / Bruce Kogut, J. Muir Macpherson

Corporate risk assessment and business strategy: a prime task for senior management / Withold J. Henisz, Jonathan Story

Role of foreign banks in governance:

Foreign bank ownership and corporate governance in emerging-market economies / Peter K. Cornelius

Emerging owners, eclipsing markets?: corporate governance in Central and Eastern Europe / Erik Berglöf, Anete Pajuste

Law and governance:

Corporate governance and private capital flows to Latin America / Alberto Chong ... [et al.]

Institutions, corporate governance, and crises / Daron Acemoglu, Simon Johnson

Of legal transplants, legal irritants, and economic development / Katherine Pistor, Daniel Berkowitz

PART III. INVESTORS' AND PRACTITIONERS' PERSPECTIVES

Governance seen by the minority shareholder:

Portfolio investment in emerging markets: an investor's perspective / Michael J. Johnston

Corporate governance, public policy, and private investment decisions, 2003 / William Dale Crist

Corporate governance: responsibilities of fund managers and institutional investors / Mark Mobius

Corporate governance and private equity investments / Max Burger-Calderon ... [et al.]

Corporate governance in transition: China, Russia, and Poland:

Corporate governance in mainland China: where do we go grom here? / Anthony Neoh

Governance in an emerging financial market: the case of Russia / Igor Kostikov

Governance in an emerging financial market: the case of Poland / Wieslaw Rozlucki

Social corporate responsibility and the new learning:

Corporate values, enterpirse risk, and the board / Michael J. Phillips

Redefining the role and content of corporate governance from the perspective of business in society and corporate social responsibility / Lutgart van den Berghe, in collaboration with Steven Carchon

Corporate governance reform: learning from our mistakes / Ira M. Millstein, Holly J. Gregory.

Notes:

Includes bibliographical references.

ISBN:

0195167058

9780195167054

0195161718

9780195161717

OCLC:

51817204

Online:

Publisher description