A History of Corporate Governance around the World

A History of Corporate Governance around the World

Author: Randall K. Morck

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 700

ISBN-13: 0226536831

DOWNLOAD EBOOK

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.


Foreign Direct Investment: Ownership Advantages, Firm Specific Factors, Survival And Performance

Foreign Direct Investment: Ownership Advantages, Firm Specific Factors, Survival And Performance

Author: Mehdi Rasouli Ghahroudi

Publisher: World Scientific

Published: 2018-08-31

Total Pages: 180

ISBN-13: 9813238461

DOWNLOAD EBOOK

The purpose of the book is to extend and develop the literature on foreign direct investment (FDI) and multinational corporation (MNCs) subsidiaries. There are several reasons for studying foreign investment and ownership. First, firms need to identify which host country industry factors are important in choosing among the various type of equity ownership (e.g. international joint ventures or wholly-owned subsidiary). Second, international diversification through foreign market entry can provide growth and profitability at rates unavailable in home markets. A third reason this warrants some attention is that type of ownership can affect attempts to counter international competition by engaging foreign rivals on their home turf. Fourth, firms have the option of choosing the appropriate equity ownership for international markets based on balancing their resources, capabilities, and international experience with their desire for ownership and control. This book extends the literature in FDI by providing empirical support for several theories and previously defined and/or tested constructs. For example, the parent and subsidiary's factors measured in this study suggest the importance of internalization and ownership advantages of Dunning's eclectic theory.


Foreign Investments in India

Foreign Investments in India

Author: Michael Kidron

Publisher: London, Oxford U. P

Published: 1965

Total Pages: 396

ISBN-13:

DOWNLOAD EBOOK

India. Foreign investment during British rule and since attainment of independence. The increase in national level and public investment and commencement of industrialization have been slow. Foreign owned industries are mostly capital intensive but although there has been a rise in full employment, this fact has not helped sufficiently in solving the problems of underemployment and open unemployment. A severe labour shortage of skilled workers exists. Partly historical.


India and the Knowledge Economy

India and the Knowledge Economy

Author: Carl J. Dahlman

Publisher: World Bank Publications

Published: 2005-01-01

Total Pages: 216

ISBN-13: 0821362089

DOWNLOAD EBOOK

"In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more-much more-to leverage its strengths and grasp today's opportunities. India and the Knowledge Economy assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitivenessand join the ranks of countries that are making a successful transition to the knowledge economy."


Productivity Convergence

Productivity Convergence

Author: Edward N. Wolff

Publisher: Cambridge University Press

Published: 2013-12-16

Total Pages: 537

ISBN-13: 1107651212

DOWNLOAD EBOOK

A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance.


Transnational Corporations and Industrial Transformation in Latin America

Transnational Corporations and Industrial Transformation in Latin America

Author: Rhys Owen Jenkins

Publisher:

Published: 1984

Total Pages: 280

ISBN-13:

DOWNLOAD EBOOK

Analysis of the economic role of multinational enterprises in industrial development in Latin America - reviews economic theories and impact of foreign capital since 1920; includes case studies of the motor vehicle industry and pharmaceutical industry; describes the development of export oriented industries, esp. The clothing industry and electronics industry; explains effects of MNEs on social structure and industrial policy. References, statistical tables.