The Globalisation of Corporate Governance: The Challenge of Clashing CulturesThe 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 |
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Contents
| 1 | |
| 3 | |
| 23 | |
| 51 | |
| 65 | |
| 77 | |
| 93 | |
Chapter 7 Corporate Governance Defines the Way a Company Does Business | 113 |
Chapter 8 Selected Case Studies | 131 |
Chapter 9 Scenarios for Corporate Governance in 2030 | 185 |
The Social Ecosystem of CSR | 203 |
Seven Point Reform Plan to Restore Trust in Business and in the Global Financial System | 213 |
Interview with David Paterson Head of Corporate Governance National Association of Pension Funds | 217 |
Bibliography | 221 |
Index | 227 |
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accounting ACEVO actions activities approach assets auditors Bank behaviour best practice Cadbury Cadbury Report CalPERS capital cent Chairman challenge civil society Combined Code company law company’s competition compliance corporate governance corporate social responsibility corruption countries created crisis culture developed drive economic effective employees Enron ensure ethical executive directors exploration ExxonMobil focus focused funds global globalisation Group growth Higgs human impact improve increasing increasingly independent directors innovation investment investors involved issues leadership long-term major NGOs non-executive directors OECD operating organisation pension performance Philip Watts principles profits recent recognised regulation Report reputation reserves responsibility risk management role Royal Dutch Royal Dutch/Shell Sarbanes-Oxley Sarbanes-Oxley Act scandals scenario planning scenarios sector seeking shareholders shares Shell Transport social social capital stakeholders standards strategy structure sustainable trade trust Turnbull Report


