1st Edition

Corporate, Public and Global Governance The G8 Contribution

By Michele Fratianni, Paolo Savona Copyright 2007

    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.

    Part I Introduction; Chapter 1 Governance amid Globalisation, MicheleFratianni, PaoloSavona, John J.Kirton; Part II Globalisation’s Challenges for Governance; Chapter 2 The Needs and Challenges of Global Governance, Olivier Giscardd’Estaing; Chapter 3 Globalisation, Governance, and the G8 Summit, SeiichiKondo; Chapter 4 Cracks in the Concrete, KimonValaskakis; Part III Corporate Governance; Chapter 5 Corporate Governance in the Twenty-First Century, Donald J.S.Brean, ChristopherKobrak; Chapter 6 Regional Multinationals and Regional Trade Policy, Alan M.Rugman; Chapter 7 The Growth of Population and Technological Innovation in the New Order, PaoloSavona; Part IV Public Governance; Chapter 8 Toward Accountability? The G8, the World Trade Organization, and Global Governance, Heidi K.Ullrich; Chapter 9 Governance and Conflicts of Interest in International Financial Institutions, MicheleFratianni, John C.Pattison; Part V The Governance of Globalisation; Chapter 10 Where Do We Stand with Global Governance?, PierreJacquet; Chapter 11 Governing Globalisation, Pierre MarcJohnson; Part VI The G8 Contribution; Chapter 12 G8 Process and Performance, NicholasBayne; Chapter 13 Commitments Kept or Promises Broken? Assessing G8 Compliance at Kananaskis 2002, EllaKokotsis; Chapter 14 Coming Together, John J.Kirton, Victoria V.Panova;


    Michele Fratianni is W. George Pinnell Professor in the Department of Business Economics & Public Policy at Indiana University, Bloomington, USA. Paolo Savona is Professor of Political Economy at University of Rome Guglielmo Marconi, Italy. John J. Kirton is from the Department of Political Science, University of Toronto, Canada.

    '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-Universität Jena, Germany