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Global StrategyCreating and Sustaining Advantage across Borders$
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Andrew Inkpen and Kannan Ramaswamy

Print publication date: 2005

Print ISBN-13: 9780195167207

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780195167207.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 14 May 2021

Corporate Governance Issues in International Business

Corporate Governance Issues in International Business

(p.180) 8 Corporate Governance Issues in International Business
Global Strategy

Andrew Inkpen (Contributor Webpage)

Kannan Ramaswamy (Contributor Webpage)

Oxford University Press

This chapter examines the nature of corporate governance with an emphasis on issues relevant to the MNE. The corporate governance practices of firms influences their strategies and competitiveness and, therefore, managers involved in global competition should view knowledge of international governance as an essential part of their repertoire of strategy skills. The chapter reviews the corporate governance systems found in the United States, Japan, and Germany, and considers the nature of governance systems in emerging markets. An important theme in the chapter is that for international business managers, corporate governance will, in all probability, take on greater meaning as country practices evolve and more of the world's economic activity is conducted through markets and firms rather than states. When firms rather than states are involved in economic activity, all stakeholders will expect that value creation and transference is fair, and that managers are held accountable for their strategic actions.

Keywords:   MNE, United States, Japan, Germany, stakeholders, shareholders

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