Pandemic Corporate Governance Approaches

2020 ◽  
pp. 64-76
Author(s):  
E.I. Zvorykina ◽  
A.L. Politov ◽  
Yu.V. Zvorykina
Keyword(s):  
Corporate Governance ◽  
Supply Chains ◽  
Global Economy ◽  
Digital Age ◽  
Significant Loss ◽  
Global Supply Chains ◽  
The World ◽  
The One ◽  
Tremendous Impact ◽  
Epidemiological Situation

The COVID-19 pandemic has had a tremendous impact on the business and global investment community. This pandemic differs from the previous ones in that it occurs in the digital age; the epidemiological situation around the world is recorded daily, this allows the one to model the forecasts quite accurately; most companies have the ability to continue working, but to organize it in a remote format. However, one of the devastating factors is that a pandemic destroys global supply chains, disrupts production and can lead to a significant loss of company revenue and adversely affect the global economy. The ability to adapt to these conditions, as well as the speed of this process are important factors for the survival of companies. Corporate governance plays an important role in this process. This article describes the main trends in the organization of corporate governance in a pandemic.

scholarly journals Structural changes and economic growth in the world economy and Russia

2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Global Economy ◽  
World Economy ◽  
Structural Changes ◽  
Russian Economy ◽  
The World ◽  
Preliminary Version ◽  
The One ◽  
Relationship Of

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.

The Global Perspective

2013 ◽  
Author(s):  
Zoltan J. Acs
Keyword(s):  
Global Economy ◽  
Global Perspective ◽  
The European Union ◽  
Unequal Distribution ◽  
Distribution Of Wealth ◽  
American Model ◽  
The World ◽  
American Style ◽  
Unequal Distribution Of Wealth ◽  
The One

This chapter examines the American economy and American-style capitalism in the context of the global economy. It first provides an overview of American exceptionalism before revisiting who the Americans are and comparing the American model of liberal democracy with that of East Asia and the European Union. It then reflects on what America's future looks like and what the world will look like in 2050. It concludes with an assessment of whether the American model that is spreading around the world in bits and pieces could be better promoted. The chapter suggests that American-style capitalism, with its interplay between entrepreneurship and philanthropy, on the one hand, and its balancing act between wealth and opportunity, on the other, should be encouraged despite the unequal distribution of wealth entrepreneurship creates.

Moving toward a Global Supply Chain Operations and the Impact on International Competition

2012 ◽  
pp. 1626-1636
Author(s):  
Seyed-Mahmoud Aghazadeh
Keyword(s):  
United States ◽  
Supply Chain ◽  
Supply Chains ◽  
Global Economy ◽  
The United States ◽  
Global Supply Chain ◽  
Global Supply Chains ◽  
Domestic Firms ◽  
Foreign Products ◽  
The Impact

As the domestic businesses expand, many are making the choice to use foreign products, labor, and services to aid in their production. Global supply chains are minimizing the costs of the production process but are also creating vulnerabilities to home countries. As the global economy changes, the competitiveness between countries grows. Competitiveness can affect everything from a country’s economy to how a firm conducts international business. Addressing the need to find a method to increase the United States competitiveness in the world economy by improving the use of global supply chains would help to make domestic firms more successful in the global economy. Studying how companies position themselves abroad is important to providing insight into how to become more competitive. Worldwide companies are diversifying by moving more of their supply chain to international locations. This is providing them with many benefits such as better markets for products, lower costs, and more advanced technologies. As a result, the competitive strategy of companies is to increase production and decrease costs through the most efficient global supply chain. Maximizing the potential of domestic firms’ global supply chains is one of the most effective ways to increase U.S. competitiveness. If more big businesses in the United States are willing to participate on the global level, then the US will be able to improve their competitiveness.

Moving toward a Global Supply Chain Operations and the Impact on International Competition

2013 ◽  
pp. 466-476
Author(s):  
Seyed-Mahmoud Aghazadeh
Keyword(s):  
United States ◽  
Supply Chain ◽  
Supply Chains ◽  
Global Economy ◽  
The United States ◽  
Global Supply Chain ◽  
Global Supply Chains ◽  
Domestic Firms ◽  
Foreign Products ◽  
The Impact

As the domestic businesses expand, many are making the choice to use foreign products, labor, and services to aid in their production. Global supply chains are minimizing the costs of the production process but are also creating vulnerabilities to home countries. As the global economy changes, the competitiveness between countries grows. Competitiveness can affect everything from a country’s economy to how a firm conducts international business. Addressing the need to find a method to increase the United States competitiveness in the world economy by improving the use of global supply chains would help to make domestic firms more successful in the global economy. Studying how companies position themselves abroad is important to providing insight into how to become more competitive. Worldwide companies are diversifying by moving more of their supply chain to international locations. This is providing them with many benefits such as better markets for products, lower costs, and more advanced technologies. As a result, the competitive strategy of companies is to increase production and decrease costs through the most efficient global supply chain. Maximizing the potential of domestic firms’ global supply chains is one of the most effective ways to increase U.S. competitiveness. If more big businesses in the United States are willing to participate on the global level, then the US will be able to improve their competitiveness.

Disorienting Neoliberalism

2020 ◽  
Author(s):  
Benjamin L. McKean
Keyword(s):  
Supply Chain ◽  
Political Theory ◽  
John Rawls ◽  
Global Economy ◽  
Global Supply Chains ◽  
Global Inequality ◽  
Diverse Range ◽  
Du Bois ◽  
The World ◽  
Iris Marion Young

In a dizzying global economy full of injustices that threaten our freedom, people who want to promote justice should be disposed to solidarity with each other. When global supply chains assemble products from every corner of the global and workers’ economic futures seem ever more uncertain, the very neoliberal theories that helped usher in this world also provide a powerful way to understand and navigate it. Those who want to resist the injustices of today’s global economy need to reorient their way of seeing so that it is possible to act more effectively. By drawing on a diverse range of thinkers from G. W. F. Hegel and John Rawls to W. E. B. Du Bois and Iris Marion Young, Disorienting Neoliberalism provides an account of freedom that can inform transnational movements for justice. By explaining how neoliberal institutions and ideas constrain the freedom of people throughout the supply chain from worker to consumer, the book provides a new orientation to the global economy in which it is possible for people to see one other as partners in resisting a shared obstacle to freedom and thus be called to collective action. Cultivating this disposition to solidarity better expresses freedom than the pity and resentment which global inequality so often gives rise to. In doing so, the book shows how political theory can be a source of orientation to the world, illuminating how ideals can help guide action even when they may be impossible to realize.

scholarly journals Worldwide Diffusion of Corporate Governance (CG) Regulations and Practices: A Literature Review

2015 ◽  
Vol 1 (1) ◽  
pp. 55-68
Author(s):  
Zubair Ahmad ◽  
Zeeshan Mahmood
Keyword(s):  
Corporate Governance ◽  
Institutional Research ◽  
Institutional Dynamics ◽  
Institutional Processes ◽  
Governance Model ◽  
The World ◽  
The One ◽  
Corporate Governance Model ◽  
Corporate Governance Reforms ◽  
Governance Reforms

Research objectives: The main objective of this paper was to understand the diffusion of CG codes around the world. More specifically this paper examined what types of CG codes have emerged around the world? What causes the diffusion of shareholder centric model of CG around the world? What areas are still unexplained to better understand the diffusion of CG? Findings: This paper presented that pure economics and legitimacy reasons alone or together are not sufficient to explain the dynamics of how corporate governance reforms emerged and developed in different contexts. This study assumes that it is important to move the debate beyond the efficiency/legitimacy and convergence/divergence dichotomy and pay more attention to the process of emergence and development of corporate governance reforms. Implications: Prior institutional research ignores countries' internal dynamics that can play an important role in shaping corporate governance reforms. The corporate governance model cannot exist in isolation; each country has its own unique institutional arrangements and can influence the process of diffusion. There is some consensus amidst corporate governance scholars that "the-one-size-fits-all" rule is flawed, and thus a wide diversity of approaches of corporate governance should be expected due to vast differences in national contexts where firms are embedded (Cuervo, 2002, Reaz and Hossain, 2007). Policy makers and researchers should consider broader institutional dynamics related to macro and micro institutional processes while developing and understanding CG diffusion around the world.

scholarly journals Global sugar, regional water, and local people: EU sugar regime liberalisation, rural livelihoods, and the environment in the Incomati River Basin

2009 ◽  
Vol 105 (1/2) ◽  
Author(s):  
Jo Lorentzen
Keyword(s):  
River Basin ◽  
Global Economy ◽  
Rural Livelihoods ◽  
The European Union ◽  
Rural People ◽  
Complex Interactions ◽  
The World ◽  
The One ◽  
Distant Part

This paper is concerned with how changes in the global economy, triggered by actions undertaken in one part of the world, can affect the lives and the prospects of poor rural people, as well as the environment they live in, in another very distant part of the world. It analyses the linkages between changes in the European Union (EU) sugar regime and the economic fortunes and the environmental future of a very poor and highly water-stressed area in southern Africa—the Incomati River Basin—where sugar production is the single most important economic activity. The case study epitomises the complex interactions between trade liberalisation on the one hand and poverty and the environment on the other.

scholarly journals Tools and Technologies of Transparency in Sustainable Global Supply Chains

2021 ◽  
pp. 000812562110459
Author(s):  
Paul McGrath ◽  
Lucy McCarthy ◽  
Donna Marshall ◽  
Jakob Rehme
Keyword(s):  
Corporate Governance ◽  
Supply Chain ◽  
Supply Chains ◽  
Multinational Corporations ◽  
Social Relations ◽  
Global Supply Chains ◽  
Effective Application ◽  
Use Of Technology ◽  
Control Orientation ◽  
Relational Orientation

This article explores the role that technology plays in creating and fostering transparency in global supply chains. Transparency is deemed vital in the creation of sustainable and resilient supply chains and overall effective corporate governance. There are two distinct orientations toward the use of technology by multinational corporations (MNCs) in creating sustainability transparency within their global supply chains: control and relational. A control orientation views technology as a tool to gather the ever-increasing levels of sustainability data on supplier practices in an efficient, secure, and progressively automated manner. A relational orientation adopts a view where technology is a tool to help build social relations and improve dialogue and collaboration on sustainability throughout the supply chain. A key difference in the two orientations lies in the mindset of the MNC manager toward the development of supply chain sustainability transparency. The article illustrates the effective application of both approaches and offers advice to managers on the design choices they need to consider in choosing technologies.

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