The intensifying pace of globalization has led to a questioning of the traditional approaches to governance at the corporate, national and international levels. The crash of the dot-com bubble and the outbreak of corporate accounting scandals in the United States, along with the debt burden of financial institutions in Japan and Europe, have led to demands for major reforms. Consequently, national governments are confronting stronger demands for new ways to regulate corporations to fulfil their social responsibilities and generate growth in a competitive world. This volume explores three central questions: what forms of corporate governance are most desirable for the globalizing world of the twenty-first century? What forms of public governance are most appropriate in this new age? And how well are the world's leading national governments pioneering the needed policies and practices? The book offers an analysis of the G8's role in assisting governments and corporations to work together to design and deliver a superior approach.
'The editors bring together an impressive and diverse group of scholars to examine the timely issue of governance. This important volume offers a wide variety of perspectives that emerge from diverse analytical approaches. It is a must for anyone interested in governance in a global context and how corporate activity is shaped at all levels of regulation.' Joseph P. Daniels, Marquette University, USA 'As the world economy is at a crossroad with respect to trade, development and security, it is overdue to discuss governance problems on firm, domestic and global levels in one volume and from different perspectives. This book provides guidance and encourages very fruitful discussion.' Andreas Freytag, Friedrich-Schiller-UniversitÃ¤t Jena, Germany