The Role of the Individual in Good Corporate Governance

October 31, 2014January 9, 2017 DCSL Leave a comment Enthroning Corporate Governance

Corporate Governance probably has a zillion definitions. According to Wikipedia an important theme of corporate governance is the nature and extent of accountability of particular individuals in the organization, and mechanisms that try to reduce or eliminate the principal-agent problem. An interesting definition is one that defines Corporate Governance as “aimed at reducing conflicts of […]

THE ROLE OF THE LOCAL BOARD IN MULTINATIONAL FIRMS

October 27, 2014January 9, 2017 DCSL Leave a comment The Governance Framework

In an effort to maintain standards that form the basis of their competitive advantage, multinational firms have a set of standard operating procedures that apply across the global organization. Indeed, business success often depends on globally integrated operations – including marketing, production, research and development as well as human resources management. A major challenge in […]