Corporate Governance in the Knowledge Economy

Lessons from Case Studies in the Finance Sector

Corporate Governance in the Knowledge Economy

Lessons from Case Studies in the Finance Sector

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With the transition into the Knowledge Economy, a formidable series of new challenges arise within the corporate governance space. This book tackles the issue of corporate governance along two axes. Firstly, it confronts the developments in corporate governance within the context of the Knowledge Economy and all its implications in relation to the pre-eminence of intangible assets, the advent of technologies such as smartphones and advanced forms of artificial intelligence, and cultural changes associated with the incorporation of Gen Y into the workforce and the proliferation of social networks and effects such as Big Data and cyber-threats. Secondly, it highlights the challenges for multinational organizations and the tension that exists between headquarters and subsidiary offices due to the need to combine the corporation's ethical culture and corporate governance values with the institutional forces of the subsidiaries' context. The combination of these two axes addressed viz aviz the relationship between senior management and the rank and file of the organization to create an ethical corporate culture leads to a completely different positioning of corporate governance and make the book truly unique and of interest to researchers, students of corporate finance and corporate governance alongside practitioners within financial organizations and more broadly. 



Chapter 1 Conceptual Framework: Corporate responsibility, governance, business ethics, culture, and the Knowledge Economy

Chapter 2 First things first: The hidden costs of poor governance
Chapter 3 Challenges to global governance in MNE: Strategy adaptation to local markets
Chapter 4 Challenges to local governance in international business: The risks of corruption
Chapter 5 Different approaches to governance in adopting a sustainable business model
Chapter 6 The way forward.


ISBN 978-3-030-78872-8
Artikelnummer 9783030788728
Medientyp Buch
Auflage 1st ed. 2021
Copyrightjahr 2021
Verlag Springer, Berlin
Umfang XVI, 251 Seiten
Abbildungen XVI, 251 p. 26 illus., 20 illus. in color.
Sprache Englisch