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Governing Continuous Transformation: Re-framing the Strategy-Governance Conversation (Contributions to Management Science)
by Bijan KhezriThis book transposes the ‘free-energy principle’, as espoused by the neuroscientist Karl Friston, to strategic governance, and forming the new concept of Free-Energy Governance (FEG). This concept lays the foundation for a new logic of governing continuous transformation. In addition to guiding the structure, cognition, and capabilities of success in strategic renewal, FEG provides a systematic and practice-relevant approach to predicting a firm’s potential for entropy.Using this new concept, the author shows that the success of continuous strategic renewal and business innovation, elements crucial for firm survival, are determined by the triplet of a firm’s structure, cognition, and dynamic board capabilities. “How to govern large organizations in times of high uncertainty and permanent change? To answer this pressing question, … Bijan Khezri has been the first to apply [the free energy] principle to management science … This book is an eyeopener for every reflective leader.¨ Professor Oliver Gassmann, Director of the Institute of Management and Technology, University of St. Gallen “I really enjoyed reading this book. It was both exciting and reassuring to see how the same fundamental ideas can be found in fields as disparate as nonequilibrium steady-state physics and theories of governance.” Professor Karl. J. Friston; Director of the Wellcome Centre for Human Neuroimaging “Using a term often applied to best-selling novels, ‘it is a page turner’ in which I learned something new in every chapter! Every board member, all executives and scholars interested in strategic leadership and governance must read this book if they wish to remain relevant in the coming transformational decades.” Michael A. Hitt University Distinguished Professor Emeritus, Mays Business School, Texas A&M University Former President, Academy of Management, and former Editor, Academy of Management Journal "We could not ask for a better author to initiate this new conversation in the board research community and convey its merits to the world of board practice." Martin HilbProfessor Emeritus, University of St. Gallen Founder and Managing Partner, International Board Foundation and President of Swiss Institute of Directors “Set against a wide swath of literature, the book impressively makes the case for a new logic of strategic renewal in which the board of directors plays a central role.” Professor Constance E. Helfat, Tuck School of Business at Dartmouth
Governing Corporate Social Responsibility in the Apparel Industry after Rana Plaza
by Anil Hira Maureen Benson-ReaThis edited collection critically explores the efforts of the apparel industry to improve safety conditions and suggests governance reforms that will resolve lingering issues. The volume examines two consortia: the Alliance and the Accord, which set up cooperative auditing systems of supplying factories and penalties for non-compliance, and include funding to help factories comply and for workers if factories are idled during repairs, though the editors raise doubts about the long-lasting value of such efforts. In the wake of the 2013 Rana Plaza disaster, leading researchers across labor relations and industry studies tackle and debate such issues, giving their perspective of how multinationals operating in developing countries should regulate labor standards in order to resolve and improve the substandard working conditions under which much of our clothing is made.
Governing Corporate Tax Management: The Role of State Ownership, Institutions and Markets in China
by Chen Zhang Rajah Rasiah Kee Cheok CheongThis book focuses on corporate sector development in the context of transition economies, such as China. In doing so, the book uses quantitative methods to test several hypotheses that are salient to the Chinese economic situation.Topics covered in the book include the relationship between tax management and firm performance, the extent to which a short-term focus on tax management can lead to long-term vulnerabilities, the impact of government ownership on tax management impact, and the link between the co-evolution of marketization and corruption, and institutional change and tax management.With that the book offers rich empirical evidence to examine tax management, firm performance and corruption in a broad context, while permitting comparison between the Chinese experience and the market economies.
Governing Cross-Sector Collaboration
by James Jed Kee John Forrer Eric BoyerA comprehensive guide to public sector collaboration withprivate and nonprofit organizations for better service deliveryGoverning Cross-Sector Collaboration tackles the issuesinherent in partnerships with nongovernmental actors for publicservice delivery, highlighting the choices available and theaccompanying challenges and opportunities that arise. Based onresearch, interviews with public, private and nonprofit sectorleaders, and considerable analysis of organizations involved inpublic-private-nonprofit collaborations, the book provides insightinto cross-sector collaboration at the global, federal, state, andlocal levels. Through an examination of the primary modes ofcross-sector collaboration, including collaborative contracting,partnerships, networks, and independent public services providers,the book presents a clear case for how public managers can assessthe trade-offs and use these options to improve public servicedelivery. Nonprofit organizations, businesses, and third-partycontractors are increasingly partnering with government to deliverpublic services. Recognizing the types of collaborative approaches,and their potential to solve public policy problems is quicklybecoming a major task for public managers, with new methods andtechniques constantly emerging. Governing Cross-SectorCollaboration provides specific examples and a framework forpublic managers to make strategic choices about how to engageprivate and nonprofit actors in delivering public goods andservices while ensuring the public interest. The book provideseffective methods for choosing, designing, governing, andevaluating networks, partnerships, and independent public-servicesproviders, with in-depth discussion encompassing:Analysis and engagement of cross-sector organizationsFostering democratic accountability in the public interestCollaborative approaches (including contracts, networks andpartnerships) and the issues associated with each type ofarrangementLeadership and organizational learning in cross-sectorcollaborationIncluded case studies illustrate effective application of theconcepts and methods described, providing both practicing publicand nonprofit managers and public policy/administration studentswith insight into these emerging strategic alliances. The firstcomprehensive guide to public governance collaborations,Governing Cross-Sector Collaboration is an important andtimely contribution to the field of public management.
Governing Digital Transformation: Guidance for Corporate Board Members (Management for Professionals)
by Steven De Haes Laura Caluwe Tim Huygh Anant JoshiThis title provides clear and readily applicable guidance to corporate board members on the involvement of boards of directors in information technology (IT) governance. Specifically, it demonstrates ways in which board members can execute IT duties effectively. Specific tools such as a roadmap towards digital transformation and a board-level dashboard for digital strategy and oversight are also offered. While organizations are increasingly dependent on IT for the creation of business value, the evidence seems to indicate that boards of directors are not as involved in IT-related strategic decision-making and control as they should be. Research shows that high levels of board-level IT governance, regardless of existing IT needs, will improve organizational performance. This book provides unique insights into the inner workings of a specific board of directors group, with a focus on its IT governance structures and processes.
Governing Disasters
by Sandrine Revet Julien LangumierIrreversible and exceptional events, disasters are nevertheless governed, usually in the context of specific, dedicated interventions by state authorities or NGOs, who aim to lead the affected population from a place of emergency to a new, post-disaster - but still undefined - position. How do the victims of disaster interact with the dispositifs of government and disaster? Based on extensive research - both ethnographic and historical - conducted over a long period of time in field locations as various as Hong-Kong, Kazakhstan, Sri Lanka, France, Argentina, and Italy, this volume offers an acute analysis of how actors at local, national, and international levels govern disasters. Chapter contributions show that the victims of disaster do not remain passive; rather, they react to and critique what this volume calls the 'government of disaster' and one of its central paradigms, the culture of risk, which leaves unaddressed key political issues.
Governing Enterprises in China: Corporate Boards, Ownership and Markets (Dynamics of Asian Development)
by Zhang Cheng Rajah Rasiah Kee Cheok CheongThis book examines the nature of the marketization of corporate boards following the introduction of the split share reform, corporate board and shareholder relations, corporate performance, and risk-taking conduct in China. The chapters cover topics such as determinants of corporate board size and independence, corporate risk-taking conduct under different controlling shareholder types. The book deepens our understanding of corporate governance mechanisms as most previous studies have limited their findings using mainstream perspectives grounded on neoclassical theory. It outlines that China’s corporate board composition is determined by the board’s scope of operation, monitoring, bargaining power, and other governance mechanisms and regulations. It also offers a comparison between China’s experience with other economies in general and other transition economies in particular. As such, the book represents an essential overview of the current concerns regarding corporate governance in China. It is of great interest to legal researchers, policymakers, and legal practitioners working with business investments in China.
Governing Europe in a Globalizing World: Neoliberalism and its Alternatives following the 1973 Oil Crisis (Routledge Studies on Government and the European Union)
by Laurent WarlouzetThe complex relationship between globalization and European integration was largely shaped in the 1970s. During this decade, globalization began, for the first time, to threaten Western European prosperity. Using an innovative approach, the book shows how western Europeans coped with the challenges of globalization during a time of deep economic crisis during the period 1973-1986. It examines the evolution of economic and social policies at the national, European and global level and expands beyond the European Economic Community (EEC) by analysing the various solutions envisaged by European decision-makers towards regulating globalization, including the creation of the Single Market. Based on extensively examined archives of transnational actors, international organizations and focusing on the governments of France, Germany and the UK, as well as the European Commission, the book uncovers deep, previously unknown, economic divisions among these actors and the roles they played in the success of the EEC. This book will be of key interest to students, scholars and practitioners of political science, European studies, history, comparative politics, public policy and economic history.
Governing Failure
by Jacqueline BestJacqueline Best argues that the changes in International Monetary Fund, World Bank and donor policies in the 1990s, towards what some have called the 'Post-Washington Consensus,' were driven by an erosion of expert authority and an increasing preoccupation with policy failure. Failures such as the Asian financial crisis and the decades of despair in sub-Saharan Africa led these institutions to develop governance strategies designed to avoid failure: fostering country ownership, developing global standards, managing risk and vulnerability and measuring results. In contrast to the structural adjustment era when policymakers were confident that they had all the answers, the author argues that we are now in an era of provisional governance, in which key actors are aware of the possibility of failure even as they seek to inoculate themselves against it. This book considers the implications of this shift, asking if it is a positive change and whether it is sustainable.
Governing Financial Globalization: International Political Economy and Multi-Level Governance (RIPE Series in Global Political Economy)
by David Hudson Andrew Baker Richard WoodwardMoney, finance and credit are literally the lifeblood of the modern economy. The distribution of money and credit are essential to productive investment in trade and industry, to the maintenance of consumer purchasing power and demand, to individuals' social status and standard of living, and ultimately to public order.This importnat new volume provides a wide-ranging discussion of both the potential and the problems arising from the application of multi-level governance literature to the monetary and financial domain. The contributors achieve this through a range of case studies and conceptual discussions of the issues raised by financial and monetary governance, acknowledging that multi-level governance has to take the form of a framework which recognizes a fluid range of scales, and the significance of non-formal institutional and social nodes of authority.
Governing Financial Services in the European Union: Banking, Securities and Post-Trading (Routledge/UACES Contemporary European Studies)
by Lucia QuagliaThe global financial crisis that reached its peak in late 2008 has brought the importance of financial services regulation and supervision into the spotlight. This book examines the governance of financial services in the EU, asking who governs financial services in the EU, how and why, and explaining where the power lies in the policy-making process. It covers the main financial services: banking, securities, payments systems, clearing and settlement. Addressing the politics and public policy aspects of financial market integration, regulation and supervision in the European Union, this book conducts a theoretically-informed and empirically-grounded analysis of financial services governance from the establishment of Economic and Monetary Union (1999) and the launch of the Financial Services Action Plan (1999), to date. It also assesses the EU responses to the global financial crisis. Providing a reliable and unique insight into the politics of financial services regulation in the EU based on an extensive programme of interviews with policy makers and stakeholders across Europe, the book will be of great topical interest to students and scholars of European Union studies, political science and political economy.
Governing for the Long Term
by Alan M. JacobsIn Governing for the Long Term, Alan M. Jacobs investigates the conditions under which elected governments invest in long-term social benefits at short-term social cost. Jacobs contends that, along the path to adoption, investment-oriented policies must surmount three distinct hurdles to future-oriented state action: a problem of electoral risk, rooted in the scarcity of voter attention; a problem of prediction, deriving from the complexity of long-term policy effects; and a problem of institutional capacity, arising from interest groups' preferences for distributive gains over intertemporal bargains. Testing this argument through a four-country historical analysis of pension policymaking, the book illuminates crucial differences between the causal logics of distributive and intertemporal politics and makes a case for bringing trade-offs over time to the center of the study of policymaking.
Governing Global Finance
by Anthony ElsonThis book deals with the recent problems arising from the growth of financial globalization (i. e. the growing integration of capital markets across national borders), as reflected in the current global financial crisis, and the need to improve what has come to be known as the international financial architecture.
Governing Global Finance: New Challenges, G7 and IMF Contributions (Routledge Revivals)
by Michele Fratianni Paolo SavonaThis title was first published in 2002: As the twenty-first century began, it was easy to assume that the reforms to the international financial system undertaken in the last half of the 1990s were adequate to the core tasks of ensuring stability, sustained growth and broadly shared benefits in the world economy. That comfortable consensus has now been shattered. This volume critically assesses fundamental issues including: -the elements and adequacy of recent G7-led efforts at international financial reform -current causes of and prospects for growth in the new global economy -the challenges of crisis prevention -private sector participation and IFI responsibilities -the world’s monetary supply and sovereignty in the face of market forces. These key topics are examined by leading economists and scholars of political economy from both academic and policy communities in G7 countries, making it an essential addition to the collections of all those concerned with the challenges facing the world economy in the coming years.
Governing Global Finance: New Challenges, G7 and IMF Contributions (Routledge Revivals)
by Michele Fratianni Paolo SavonaThis title was first published in 2002: As the twenty-first century began, it was easy to assume that the reforms to the international financial system undertaken in the last half of the 1990s were adequate to the core tasks of ensuring stability, sustained growth and broadly shared benefits in the world economy. That comfortable consensus has now been shattered. This volume critically assesses fundamental issues including: -the elements and adequacy of recent G7-led efforts at international financial reform -current causes of and prospects for growth in the new global economy -the challenges of crisis prevention -private sector participation and IFI responsibilities -the world’s monetary supply and sovereignty in the face of market forces. These key topics are examined by leading economists and scholars of political economy from both academic and policy communities in G7 countries, making it an essential addition to the collections of all those concerned with the challenges facing the world economy in the coming years.
Governing Global Land Deals: The Role of the State in the Rush for Land (Development and Change Special Issues)
by Wendy Wolford Saturnino M. Borras Jr. Ruth Hall Ian Scoones Ben WhiteThis collection of essays in Governing Global Land Deals provides new empirical and theoretical analyses of the relationships between global land grabs and processes of government and governance. Reframes debates on global land grabs by focusing on the relationship between large-scale land deals and processes of governance Offers new theoretical insights into the different forms and effects of global land acquisitions Illuminates both the micro-processes of transaction and expropriation, as well as the broader structural forces at play in global land deals Provides new empirical data on the different actors involved in contemporary land deals occurring across the globe and focuses on the specific institutional, political, and economic contexts in which they are acting
Governing Global Production
by Jeffrey D. WilsonNortheast Asian steel industries have developed global production networks, but by spanning multiple national spaces, these networks unite many national economies while belonging exclusively to none. Who, therefore, is in control? Jeffrey D. Wilson examines how states and firms coordinate their activities to govern global production.
Governing Hybrid Organisations: Exploring Diversity of Institutional Life
by Jan-Erik Johanson Jarmo VakkuriIntuitively, organisations can easily be categorised as ‘public’ or ‘private’. However, this book questions such a black and white dichotomy between public and private, and seeks a deeper understanding of hybrid organisations. These organisations can be found at micro, meso and macro levels of societal activity, consisting of networks between companies, public agencies and other entities. The line between these two realms is increasingly blurred — giving rise to hybrid organisations. Governing Hybrid Organisations presents an engaging discussion around hybrid organisations, highlighting them as important and fascinating examples of modern institutional diversity. Chapters examine the changing landscape of service delivery and the nature and governance of hybrid organisations, using international examples and cases from different service contexts. The authors put forward a clear analytical framework for understanding hybrid governance, looking at strategy and performance management. This text will be valuable for students of public management, public administration, business management and organisational studies, and will also be illuminating for practising managers.
Governing Insecurity in Japan: The Domestic Discourse and Policy Response (The University of Sheffield/Routledge Japanese Studies Series)
by Reinhard Drifte Wilhelm Vosse Verena Blechinger-TalcottSince the end of the Cold War, Japan's security environment has changed significantly. While, on the global level, the United States is still Japan's most important security partner, the nature of the partnership has changed as a result of shifting demands from the United States, new international challenges such as the North Korean nuclear programme and the rapid rise of China. At the same time, Japan has been confronted with new, ‘non-traditional’ security threats such as international terrorism, the spread of infectious diseases, and global environmental problems. On the domestic level, demographic change, labour migration, economic decline, workplace insecurity, and a weakening impact of policy initiatives challenge the sustainability of the lifestyle of many Japanese and have led to a heightened sense of insecurity among the Japanese public. This book focuses on the domestic discourse on insecurity in Japan and goes beyond military security. The chapters cover issues such as Japan’s growing perception of regional and global insecurity; the changing role of military forces; the perceived risk of Chinese foreign investment; societal, cultural and labour insecurity and how it is affected by demographic changes and migration; as well as food insecurity and its challenges to health and public policy. Each chapter asks how the Japanese public perceives these insecurities; how these perceptions influence the public discourse, the main stakeholders of this discourse, and how this affects state-society relations and government policies. Governing Insecurity in Japan provides new insights into Japanese and international discourses on security and insecurity, and the ways in which security is conceptualized in Japan. As such, it will be of interest to students and scholars working on Japanese politics, security studies and international relations.
Governing Interests: Business Associations Facing Internationalism (Routledge Studies in International Business and the World Economy)
by Wolfgang Streeck Volker Schneider Jürgen R. Grote Jelle VisserIn the current period of globalization, Governing Interests presents new research on the impact of internationalization on the organization and representation of business interests through trade and employer associations. By exploring ongoing, gradual, but nevertheless profound changes in the structures and functions of business interest associations, the book develops a precise understanding of the relationship between the national and the international. Both conceptual and empirical, some papers included in this significant volume adopt a ‘bird's eye view’ of the topic, whilst others concentrate on individual industries or countries, and several, through examination and analysis, consider the effects on interest representation and the repercussions on effective governance. Contributed to and edited by leading academics, the diversity of research questions and methods used in this volume provide the reader with an excellent understanding of the subject and, importantly, caution against rash simplifications. Comprehensive and scholarly, this text will be of particular relevance to political scientists and sociologists.
Governing International Labour Migration: Current Issues, Challenges and Dilemmas (RIPE Series in Global Political Economy #Vol. 26)
by Christina Gabriel Hélène PellerinThis book offers a critical examination of the way in which the nature and governance of international labour migration is changing within a globalizing environment. It examines how labour mobility and the governance of labour migration are changing by exploring the links between political economy and differentiated forms of labour migration. Additionally, it considers the effects of new social models of inclusion and exclusion on labour migration. Therefore, the book troubles the conventional dichotomies and categorizations – permanent vs. temporary; skilled vs. unskilled; legal vs. illegal -- that have informed migration studies and regulatory frameworks. Theoretically, this volume contributes to an ongoing project of reframing the study of migration within politics and international relations. Bringing together an interdisciplinary group of scholars, drawing on examples from the European Union, North America and Asia, Governing International Labour Migration will be of interest to students and scholars of migration studies, IPE, international relations, and economics.
Governing Interorganizational Relationships for Innovation: The Case of the Italian Automotive Industry
by Stefano Li Pira Anna MorettiThis book explores the governance mechanisms and their implications for interorganizational relationships (IORs) in the context of disruptive technological change, with a focus on the automotive industry's transition to electric vehicles (EVs). It delves into the different forms of governance, including contractual and relational mechanisms, and the levels of codification within IORs. It addresses the gap in understanding the impact of disruptive innovation on IORs and highlights the need for strategies to effectively adapt and adjust relationships in the face of transformative changes. The research examines the interplay between disruptive forces and governance, providing insights into how firms can navigate and thrive amidst disruptions. By analysing the dynamics of governance mechanisms and their value in IORs, this book offers practical insights for organizations engaged in interorganizational relationships. It is targeted at researchers and scholars in the fields of strategic management, organizational theory, and innovation, as well as professionals involved in managing interorganizational relationships and navigating disruptive environments.
Governing Markets as Knowledge Commons (Cambridge Studies on Governing Knowledge Commons)
by Erwin Dekker Pavel KuchařKnowledge commons facilitate voluntary private interactions in markets and societies. These shared pools of knowledge consist of intellectual and legal infrastructures that both enable and constrain private initiatives. This volume brings together theoretical and empirical approaches that develop and apply the Governing Knowledge Commons framework to the evolution of various kinds of shared knowledge structures that underpin exchanges of goods, services, and ideas. Chapters offer vivid and illuminating case studies that illustrate this conceptual framework. How did pooling scientific knowledge enable the Industrial Revolution? How do social networks underpin the credit system enabling the Agra footwear market? How did the market category Scotch whisky emerge and who has access to it? What is the potential of blockchain-ledgers as shared knowledge repositories? This volume demonstrates the importance of shared knowledge in modern society.
Governing Megacities in Emerging Countries
by Dominique LorrainMegacities are a new phenomenon in history. The fact that many of them are in emerging countries deepens the challenges of governing these spaces. Can these vast, complex entities, rife with inequalities and divisions, be governed effectively? For researchers, the answer has often been no. The approach developed in this work focuses on the material city and its institutions and shows that, without recourse to a big new theory, urban leaders have devised mechanisms of ordinary government. They have done so through the resolution of practical and essential problems: providing electricity, drinking water, sanitation, transportation. Three findings emerge from this book. Infrastructure networks help to structure cities and function as mechanisms of cohesion. Megacities become more governable if there is a legitimate authority capable of making choices. Finally, anarchic urbanisation has its roots in systems of land ownership, in inadequate urban planning and in the practices of developers and local actors. In the originality of its hypotheses and the precision of the analyses carried out in the four case study cities of Shanghai, Mumbai, Cape Town and Santiago de Chile, this work is addressed to all those interested in the life of cities: politicians, local and central government officials, executives in urban companies, researchers and students.
Governing Metropolitan Regions in the 21st Century (Cities And Contemporary Society Ser.)
by Donald PharesWhile government provides the structure of public leadership, governance is the art of public leadership. This timely book examines current trends in metropolitan governance issues. It analyzes specific cases from thirteen major metropolitan regions in the United States, Canada, and Mexico, all woven together by an overall framework established in the first three chapters. The distinguished contributors address such governance issues as city-county consolidation, local-federal coordination, annexation and special districting, and private contracting, with special attention to lessons learned from both successes and failures. As urban governance innovations have clearly outpaced urban government structures in recent years, the topics covered here are especially relevant.