GLOBALISATION, GOVERNANCE AND ETHICS: NEW MANAGERIAL AND ECONOMIC INSIGHTS

GLOBALISATION, GOVERNANCE AND ETHICS: NEW MANAGERIAL AND ECONOMIC INSIGHTS

LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA

CONTENTS

PREFACE

Chapter 1: GLOBALISATION, GOVERNANCE AND ETHICS: THE MAIN ISSUES

1. INTRODUCTION

2. AN OVERVIEW OF PART I: SUSTAINABILITY

3. AN OVERVIEW OF PART II: POWER AND COUNTERVAILING POWER

4. AN OVERVIEW OF PART III: PARTNERSHIPS

5. AN OVERVIEW OF PART IV: GLOCAL GOVERNANCE

6. AN OVERVIEW OF PART V:MODELLING

7. AN OVERVIEW OF PART VI: ETHICAL AND SOCIAL ISSUES

CONCLUSION

REFERENCES

PART I: SUSTAINABILITY

Chapter 2: REFLECTIONS ON THE FUTURE OF CORPORATE SUSTAINABILITY IN A GLOBALISING WORLD

ABSTRACT

1. INTRODUCTION

2. INTERNATIONAL EVENTS

3. GUIDELINES AND STANDARDS APPLIED TO SUSTAINABILITY

4. REFLECTIONS ON THE THEME

CONCLUSION

REFERENCES

Chapter 3: ENVIRONMENTAL GOVERNANCE,GLOBALISATION AND ECONOMIC PERFORMANCE

ABSTRACT

1. INTRODUCTION

2. CONSEQUENCES OF THE GLOBAL ECONOMIC SYSTEM ANDINCREASED GLOBALISATION FOR THE STATE OF THE ENVIRONMENT

2.1. The Tendency of Modern Economic Systems to Reduce the Felt MoralResponsibility of Individuals for Environmental Damage Caused by theirEconomic Activity

2.2. Can Economic Globalisation by Stimulating Economic Growth ActuallyLead to Environmental Improvement in the Absence of Greater GovernmentRegulation of Economic Activity?

3. IMPORTANT GLOBAL AND TRANSBOUNDARY ENVIRONMENTALPROBLEMS IDENTIFIED

4. FAILURES IN THE GOVERNANCE OF GLOBALAND INTERNATIONAL ENVIRONMENTAL PROBLEMS

4.1. Inadequacies of Environmental Governance by Market Systems

4.2. Political Inadequacies in the Governance of Global EnvironmentalProblems

CONCLUSION

ACKNOWLEDGMENTS

REFERENCES

Chapter 4: THE CHALLENGES OF GLOBALISATION AND GOVERNANCE IN COMPLEX TIMES

ABSTRACT

1. INTRODUCTION

2. GLOBALISATION AND PROMOTION OF GOOD GOVERNANCE

3. GOVERNANCE: A NEW MODEL OF MANAGEMENT

TOWARDS A SYSTEM OF GLOBAL GOVERNANCE

5. CHALLENGES INVOLVED IN COMBININGTHE GLOBALISATION AND GOVERNANCE

CONCLUSION

REFERENCES

PART II: POWER AND COUNTERVAILING POWER

Chapter 5: THE CHALLENGES OF LEGAL PLURALISM IN THE SOUTH PACIFIC IN THE CONTEXT OF THE GLOBALISATION OF TRADE

ABSTRACT

1. INTRODUCTION

2. LEGAL PLURALISM AND THE PROCESS OF COLONISATIONIN THE PACIFIC

3. ADAPTATION OF LEGAL PLURALISM IN POST-COLONIALSOCIETIES IN THE SOUTH PACIFIC

4. THE ELEMENTS OF POST-COLONIAL LEGAL PLURALISM

5. IS LEGAL PLURALISM AN INDICATOR OF LEGALINSECURITY IN THE SOUTH PACIFIC?

6. THE INTERNATIONAL ECONOMY, STATE LAWAND CUSTOMARY LAW

CONCLUSION

REFERENCES

Chapter 6: THE CONTRIBUTION OF THE NON-PROFIT SECTORTO A GLOBALIZED POST-CRISIS GOVERNANCE

ABSTRACT

1. INTRODUCTION

2. THE TRADITIONAL PLACE OF THE NON-PROFITSECTOR IN SOCIETY

3. SOCIAL ENTREPRENEURSHIP AND THE ADAPTATIONOF THE NON-PROFIT SECTOR TO THE GLOBAL ECONOMICMARKET SYSTEM

4. SOCIAL ENTREPRENEURSHIP, INSTITUTIONALENTREPRENEURSHIP AND THE NEW-INSTITUTIONALIST THEORY

5. AN OPPORTUNITY TO COME BACK ASINSTITUTIONAL ENTREPRENEUR

CONCLUSION

REFERENCES

Chapter 7: DISSOCIATED GOVERNANCE

ABSTRACT

1. INTRODUCTION

2. THEORETICAL APPROACH OF CORPORATE GOVERNANCE

2.1. Agency Theory

2.2. Shareholder and Stakeholder Dimensions of Corporate Governance:Disciplinary Solutions

3. DISSOCIATED GOVERNANCE: AN APPROACH IN TERMSOF POWER AND COUNTER-POWER

3.1. Power: An Essential Concept of the Disciplinary Approach of theGovernance

3.2. From Power to Counter Power

4. CORPORATE GOVERNANCE: A DYNAMIC RELATONSHIP FIELD

4.1. Towards a Change of Paradigm

4.2. A Situation of Balance Sensitive to the Interactions

CONCLUSION

REFERENCES

PART III: PARTNERSHIPS

Chapter 8: INTER-FIRM GOVERNANCE AND RELATIONSHIPPERFORMANCE:ASTUDY OF MARKET,HIERARCHY AND RELATIONALCOORDINATION MECHANISMS

ABSTRACT

1. INTRODUCTION

2. GOVERNANCE AND COORDINATION MECHANISMS

3. THEORETICAL FRAMEWORK: RELATIONSIP PERFORMANCE ANDTHE THREE IDEAL COORDINATION MECHANISMS

4.METHOD

4.1. Empirical Study

4.2. Measurement

4.3. Results

4.4. Discussion

5. FUTURE RESEARCH

6.MANAGERIAL IMPLICATIONS

APPENDIX A

APPENDIX B

REFERENCES

Chapter 9: GOVERNANCE AND SUBSIDIARITY IN FIRMS

ABSTRACT

1. INTRODUCTION

2. GOVERNANCE AND SUBSIDIARITY

3. DECISION MAKING IN ORGANIZATIONS

4. CORPORATE GOVERNANCE AND SUBSIDIARITY

CONCLUSION

REFERENCES

Chapter 10: HIERARCHICAL NETWORK GOVERNANCE: AN EXAMINATION OF KEIRETSU NETWORKS

ABSTRACT

1. INTRODUCTION

2. FIRM NETWORKS AND GOVERNANCE

2.1. Networks

2.2. Network Structure

2.3. Network Governance

3. HYPOTHESES

4. EMPIRICAL TEST

4.1. Keiretsu Network Organisation

4.2. Network Boundary

4.3. Data

4.4. Construct Measurement

5. DISCUSSION

6. LIMITATIONS AND FUTURE RESEARCH

CONCLUSION

REFERENCES

PART IV: GLOCAL GOVERNANCE

Chapter 11: THE EFFECTS OF GOVERNANCE ON THE PERCEPTION OF PARTNER BRANDS

ABSTRACT

1. INTRODUCTION

2. CONSUMER PERCEPTIONS OF GOVERNANCE:THE CASE OF A PARTNERSHIP

2.1. Governance and Consumer Perceptions

2.2. Influence of the Affective Variable in Consumers’ Perceptionsof Governance

2.3. Theoretical and Managerial Interests

3. EMPIRICAL STUDY

3.1. Experimental Framework

3.2. The Results

3.3. Interpretation of Results

CONCLUSION

APPENDIX 1

REFERENCES

Chapter 12: INTERACTIONS BETWEEN GLOBALISATION ANDRETAIL PRODUCTIVITY: SOME GOVERNANCE ISSUES

ABSTRACT

1. INTRODUCTION

2. THE GLOBALISATION IN THE RETAIL SECTOR

3. PRODUCTIVITY IN RETAILING

4. POSSIBLE INTERACTIONS BETWEENRETAIL PRODUCTIVITY AND GLOBALISATION

5. SOME ISSUES FOR THE GOVERNANCE OF RETAIL FIRMS

CONCLUSION

REFERENCES

Chapter 13: TRUST AS A SUBSTITUTE TO LEGAL GOVERNANCE ININTERNATIONAL TRANSACTIONS

ABSTRACT

1. INTRODUCTION

2. THEORETICAL BACKGROUND AND CONCEPTUALISATION

2.1. The Internet and its Lack of Governance

2.2. Online Trust

2.3. Risk and Trust

2.4. Defining Online Trust

3. PROPOSED MODEL AND HYPOTHESES

4. RESEARCH METHODOLOGY

4.1. Measurement Development

4.2. Survey Administration

5. DATA ANALYSIS AND RESULTS

5.1. Preliminary Analysis

5.2. Confirmatory Factor Analysis

6. DISCUSSION AND MANAGERIAL IMPLICATIONS

CONCLUSION

REFERENCES

PART V: MODELLING

Chapter 14: THE UNPREDICTABILITY OF FINANCIAL CRISES IN A GLOBALISED WORLD:IMPLICATIONS FOR PUBLIC GOVERNANCE

ABSTRACT

1. INTRODUCTION

2. GLOBALISATION, VOLATILITY AND UNPREDICTABILITY

3. THE NEED OF A NEW GOVERNANCE MODEL

4. COUNTRY RISK INDEXES

5. EMPIRICAL ANALYSIS

5.1. Hypothesis

5.2. Data

5.4. Euromoney

5.5. ICRG

CONCLUSION

REFERENCES

Chapter 15: THE EFFECTS OF FIRMS' CORPORATE GOVERNANCEAND LEVEL OF GLOBALISATION ON FINANCIALPERFORMANCE IN THE CONTEXT OF WORLDECONOMIC CRISIS

ABSTRACT

1. CORPORATE GOVERNANCE AND GLOBLIZATION

2. THE RULES OF CORPORATE GOVERNANCE

3. ESTIMATING A FIRM'S GOODNESS OF CORPORATE GOVERNANCE

4. THE PREDICTOR VARIABLES

5. THE DATA

6. ANALYSIS

7. COMMENTS AND DISCUSSION

CONCLUSION

REFERENCES

Chapter 16: ANEW MODEL TO VALUE EMPLOYEE STOCKOPTIONS (ESO) AND THE EFFECTS OFESO PLAN ON ESO HOLDERS,STOCKHOLDERS AND BONDHOLDERS

ABSTRACT

1. INTRODUCTION

2. EMPIRICAL STUDIES AND EXISTING EVALUATION MODELS ONSTOCK OPTIONS

2.1. Empirical Studies

2.2. The Literature on ESO Valuation

3. BACKGROUND ABOUT A NEW MODEL TO VALUE EMPLOYEESTOCK OPTIONS AND THE EFFECTS OF ESO PLANS

3.1. The Contingent Claims Approach of a Firm Created by Black andScholes (1973) and Geske (1979) and its extEnSion for Employee StockOptions

3.2. Effects of an ESO Plan Illustrated by a Very Simple Example

CONCLUSION

APPENDIX: AN EXAMPLE OF A DYNAMIC PROGRAMMINGVALUATION OF AN ESO

REFERENCES

PART VI: ETHICAL AND SOCIAL ISSUES

Chapter 17: ETHICS AND GLOBALISATION

ABSTRACT

1. INTRODUCTION

REFERENCES

Chapter 18: IMPLICATIONS FOR ORGANIZATION GOVERNANCE OF ADVANCES IN NEUROSCIENCE AND BIOLOGY

ABSTRACT

1. INTRODUCTION

2. GOVERNANCE AND ITS FOUNDATIONS

3. A FIERCE RESISTANCE (BUT MASS CONVERSIONS TO COME?)

4. NEW THEORETICAL INSIGHTS AND PERSPECTIVES

4.1. GENERAL PSYCHOLOGY

4.2. EDUCATION SCIENCE

4.3. CHILD PSYCHIATRY

4.4. CRIMINOLOGY AND CRIMINAL LAW

4.5. SOCIOLOGY AND SOCIAL PSYCHOLOGY

4.6. POLITICAL SCIENCES

4.7. PHILOSOPHY AND ETHICS

4.8. CORPORATE AND HUMAN RESOURCES MANAGEMENT

4.9. NEUROMARKETING AND CONSUMER NEUROSCIENCE

5. INHERENT LIMITS IN ANY PARADIGMATIC REVOLUTION

CONCLUSION

REFERENCES

Chapter 19: PERSPECTIVES ON GLOBALISATION, GOVERNANCE AND ETHICS: VIEWPOINTS PRESENTED IN A FORUM OF THE ROYAL SPANISH ACADEMY

ABSTRACT

1. INTRODUCTION

2. GLOBAL CHALLENGE

3. GLOBALISATION, GOVERNANCE AND SCIENCE

3.1. Introduction

3.2. Governance should Support Science Education and Prepare Individualsfor the Modern Society

3.3. Science Has no Country but Every Country Needs Science

3.5. Global Crises Need Globalised Solutions and Decisions

4. GOVERNANCE FACING VALUES IN AN ERA OF GLOBALISATION

5. THE GOVERNANCE OF THE CITIES IN THE AGE OF GLOBALISATION

5.1. At Present the City Lives the Third Life

5.2. The Huge Increase of Population

5.3. The Urban Population

5.4. Problems of Postmodern Cities

6. GLOBALISATION AND “GOOD GOVERNMENT”

CONCLUSION

REFERENCES

INDEX