When Corporatism Leads to Corporate Governance Failure

When Corporatism Leads to Corporate Governance Failure PDF Author: Isabelle Schluep Campo
Publisher:
ISBN: 9780993293269
Category :
Languages : en
Pages :

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When Corporatism Leads to Corporate Governance Failure

When Corporatism Leads to Corporate Governance Failure PDF Author: Isabelle Schluep Campo
Publisher:
ISBN: 9780993293269
Category :
Languages : en
Pages :

Get Book Here

Book Description


When Corporatism Leads to Corporate Governance Failure

When Corporatism Leads to Corporate Governance Failure PDF Author: Isabelle Schluep
Publisher:
ISBN:
Category :
Languages : en
Pages : 124

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Book Description
Corporatism is often seen as the way Swiss stakeholders in business and politics are handling industrial challenges in a reasonable and flexible way. The following paper argues, however, that the emergence of corporatist structures in the Swiss watch industry has often encouraged rent-seeking and collusion at the expense of innovation and competition. This legacy makes it currently difficult for the industry to effectively respond to new technological challenges and changing societal preferences in the global watch business. The book draws on archival sources, accessible since 2015, that have also been extensively discussed in the Swiss print media in early 2016. They provide increasing evidence of corporate governance failure in the 1983 merger of SSIH (Société suisse pour l'industrie horlogère) and ASUAG (Allgemeine Schweizerische Uhrenindustrie AG) that led to today's Swatch Group. The merger, induced by the Swiss banks, was portrayed as a necessary step to save the two allegedly bankrupt watch companies. Yet, the archival sources show that ASUAG had already been successfully restructured and ready to conquer global markets with its new product, the Swatch.

When Corporatism Leads to Corporate Governance Failure

When Corporatism Leads to Corporate Governance Failure PDF Author: Isabelle Schluep
Publisher:
ISBN:
Category :
Languages : en
Pages : 124

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Book Description
Corporatism is often seen as the way Swiss stakeholders in business and politics are handling industrial challenges in a reasonable and flexible way. The following paper argues, however, that the emergence of corporatist structures in the Swiss watch industry has often encouraged rent-seeking and collusion at the expense of innovation and competition. This legacy makes it currently difficult for the industry to effectively respond to new technological challenges and changing societal preferences in the global watch business. The book draws on archival sources, accessible since 2015, that have also been extensively discussed in the Swiss print media in early 2016. They provide increasing evidence of corporate governance failure in the 1983 merger of SSIH (Société suisse pour l'industrie horlogère) and ASUAG (Allgemeine Schweizerische Uhrenindustrie AG) that led to today's Swatch Group. The merger, induced by the Swiss banks, was portrayed as a necessary step to save the two allegedly bankrupt watch companies. Yet, the archival sources show that ASUAG had already been successfully restructured and ready to conquer global markets with its new product, the Swatch.

The Modern Corporation and Private Property

The Modern Corporation and Private Property PDF Author: Adolf Augustus Berle
Publisher:
ISBN:
Category : Corporation law
Languages : en
Pages : 396

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Book Description


Corporate Governance Around the World

Corporate Governance Around the World PDF Author: Ahmed Naciri
Publisher: Routledge
ISBN: 1134087888
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
The last Asian financial crisis, coupled with the western series of corporate scandals, has caused investors and citizens to doubt mangers ability to guarantee credible financial information about organizations. Consequently, legislators all over the world have come to realise the necessity of legislating in the area of corporate governance.

Brands, Geographical Origin, and the Global Economy

Brands, Geographical Origin, and the Global Economy PDF Author: David M. Higgins
Publisher: Cambridge University Press
ISBN: 110856528X
Category : Business & Economics
Languages : en
Pages : 347

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Book Description
Indications of geographic origin for foodstuffs and manufactures have become an important source of brand value since the beginnings of globalization during the late nineteenth century. In this work, David M. Higgins explores the early nineteenth-century business campaigns to secure national and international protection of geographic brands. He shows how these efforts culminated in the introduction of legal protocols which protect such brands, including, 'Champagne', 'Sheffield', 'Swiss made' watches and 'Made in the USA'. Higgins explores the major themes surrounding these indications, tying in the history of global marketing and the relevant laws on intellectual property. He also questions the effectiveness of European Union policy to promote 'regional' and 'local' foods and why such initiatives brought the EU in conflict with North America, especially the US He extends the study with a reflection on contemporary issues affecting globalization, intellectual property, less developed countries, and supply chains.

Business Groups in the West

Business Groups in the West PDF Author: Asli M. Colpan
Publisher: Oxford University Press
ISBN: 0198717970
Category : Business & Economics
Languages : en
Pages : 586

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Book Description
This volume aims to explore the evolution of large enterprises in today's developed economies in the West. It focuses on the economic institution of the business group and understanding the factors behind its rise, growth, resilience, and/or fall; its behavioural and organizational characteristics; and its contributions to economic development.

Global Business in Local Culture

Global Business in Local Culture PDF Author: Philipp Aerni
Publisher: Springer
ISBN: 3030037983
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
This book examines the impact of multinational enterprises (MNEs) on local economies, and presents selected case studies of MNEs operating in low income countries. By balancing external social and environmental costs against its corresponding benefits, the book demonstrates that MNEs can have a positive net-impact on local development if they build up social capital by embedding themselves in local economies and engaging responsibly with local stakeholders. By doing so MNEs contribute to inclusive growth, a central pillar of the UN Sustainable Development Goals. In this context, the book challenges popular narratives in civil society and academia that frame foreign direct investment (FDI) merely as a threat to human rights and sustainable development. Moreover, it offers practical guidance for globally operating businesses seeking to establish progressive Corporate Social Responsibility (CSR) strategies of their own.

Corporate Governance in Asia

Corporate Governance in Asia PDF Author: Sang-Woo Nam
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 220

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Book Description


Corporatism and the Rule of Law

Corporatism and the Rule of Law PDF Author: Donald R. Brand
Publisher: Cornell University Press
ISBN: 1501745530
Category : Law
Languages : en
Pages : 355

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Book Description
This illuminating new look at Franllin Roosevelt's National Recovery Administration (NRA) challenges widely accepted conclusions about that program. Tracing the intellectual origins of the NRA to pragmatism and its political origins to progressivism, Donald R. Brand argues that the NRA was an ambitious attempt to secure social justice for the organizationally disadvantaged in American society.