Corporate Governance and Capital Flows in Global Economy

Edited by Peter K. Cornelius and Bruce Kogut

Corporate Governance and Capital Flows in Global Economy

Edited by Peter K. Cornelius and Bruce Kogut

Description

This volume is a timely and insightful exploration into the issues of corporate governance and the impact of corporate governance practices on investments in developing countries. Sponsored by the World Economic Forum, INSEAD, and Wharton, this book collects original essays from senior researchers at the worlds top academic institutions as well as from key policymakers and business leaders, It analyzes global aspects of governance in relation to such issues as corporate performance, privatization, venture capitalism, and workers. With global financial markets having become more integrated, the book pays particular attention to the role of corporate governance in emerging-market economies and international capital flows. Rich in facts and ideas, Corporate Governance and Capital Flows in a Global Economy is a must read for anyone interested in financial crises, international risk management, and global competitiveness.

Corporate Governance and Capital Flows in Global Economy

Edited by Peter K. Cornelius and Bruce Kogut

Global Outlook Book Series

Author Information

Edited by Peter K. Cornelius, Chief Economist and Director of Global Competitiveness Programme, World Economic Forum, and Bruce Kogut, Felix Zandman Professor of International Management, Wharton School, University of Pennsylvania

Corporate Governance and Capital Flows in Global Economy

Edited by Peter K. Cornelius and Bruce Kogut

Global Outlook Book Series

Reviews and Awards

"This book is an important contribution to the analysis of the current corporate governance risks and challenges, with a particular emphasis on the contribution corporate governance can make to the development of emerging markets. The quality of the authors, the depth of their analyses, and their wide scope make it a must-read for all who take an interest in the current corporate governance debate."—Jaap Winter, Chairman, High Level Group of Company Law Experts, European Commission and Professor of International Company Law, Erasmus University of Rotterdam -

"Restoration of confidence in the market economy and in the efficient allocation of resources internationally depends on improvements in corporate governance. This collection of essays, all by leaders in their respective fields, offers essential guidance to those charged with raising governance standards worldwide."—Sir Adrian Cadbury, former Chairman of Cadbury Schweppes and recipient of the International Corporate Governance Network Award -

"Everyone agrees that good corporate governance is a cornerstone of any modern market-oriented economy. But what IS good corporate governance, and are there principles universal across countries? This fundamental question is addressed in a superb collection of essays, featuring a leading cast of academics and practitioners and penned in an unusually lively style. Policymakers not only in emerging market economies, but in developed economies as well, should find this book extremely helpful."—Kenneth Rogoff, Economic Counselor and Director, International Monetary Fund -