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

Get Book Here

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

Get Book Here

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

Get Book Here

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 Campo
Publisher:
ISBN: 9780993293269
Category :
Languages : en
Pages :

Get Book Here

Book Description


The Dictatorship of Woke Capital

The Dictatorship of Woke Capital PDF Author: Stephen R. Soukup
Publisher: Encounter Books
ISBN: 1641773022
Category : Business & Economics
Languages : en
Pages : 154

Get Book Here

Book Description
For the better part of a century, the Left has been waging a slow, methodical battle for control of the institutions of Western civilization. During most of that time, “business”— and American Big Business, in particular — remained the last redoubt for those who believe in free people, free markets, and the criticality of private property. Over the past two decades, however, that has changed, and the Left has taken its long march to the last remaining non-Leftist institution. Over the course of the past two years or so, a small handful of politicians on the Right — Senators Tom Cotton, Marco Rubio, and Josh Hawley, to name three — have begun to sense that something is wrong with American business and have sought to identify the problem and offer solutions to rectify it. While the attention of high-profile politicians to the issue is welcome, to date the solutions they have proposed are inadequate, for a variety of reasons, including a failure to grasp the scope of the problem, failure to understand the mechanisms of corporate governance, and an overreliance on state-imposed, top-down solutions. This book provides a comprehensive overview of the problem and the players involved, both on the aggressive, hardcharging Left and in the nascent conservative resistance. It explains what the Left is doing and how and why the Right must be prepared and willing to fight back to save this critical aspect of American culture from becoming another, more economically powerful version of the “woke” college campus.

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

Get Book Here

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.

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

Get Book Here

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.

Drug War Pathologies

Drug War Pathologies PDF Author: Horace A. Bartilow
Publisher: UNC Press Books
ISBN: 1469652560
Category : Political Science
Languages : en
Pages : 321

Get Book Here

Book Description
In this book, Horace Bartilow develops a theory of embedded corporatism to explain the U.S. government's war on drugs. Stemming from President Richard Nixon's 1971 call for an international approach to this "war," U.S. drug enforcement policy has persisted with few changes to the present day, despite widespread criticism of its effectiveness and of its unequal effects on hundreds of millions of people across the Americas. While researchers consistently emphasize the role of race in U.S. drug enforcement, Bartilow's empirical analysis highlights the class dimension of the drug war and the immense power that American corporations wield within the regime. Drawing on qualitative case study methods, declassified U.S. government documents, and advanced econometric estimators that analyze cross-national data, Bartilow demonstrates how corporate power is projected and embedded—in lobbying, financing of federal elections, funding of policy think tanks, and interlocks with the federal government and the military. Embedded corporatism, he explains, creates the conditions by which interests of state and nonstate members of the regime converge to promote capital accumulation. The subsequent human rights repression, illiberal democratic governments, antiworker practices, and widening income inequality throughout the Americas, Bartilow argues, are the pathological policy outcomes of embedded corporatism in drug enforcement.

Global Business in Local Culture

Global Business in Local Culture PDF Author: Philipp Aerni
Publisher: Springer
ISBN: 3030037983
Category : Business & Economics
Languages : en
Pages : 132

Get Book Here

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.

Putting Civil Society in Its Place

Putting Civil Society in Its Place PDF Author: Jessop, Bob
Publisher: Policy Press
ISBN: 1447354958
Category : Political Science
Languages : en
Pages : 296

Get Book Here

Book Description
Renowned social and political theorist Bob Jessop explores the idea of civil society as a mode of governance in this bold challenge to current thinking. Developing theories of governance failure and metagovernance, the book analyses the limits and failures of economic and social policy in various styles of governance. Reviewing the principles of self-emancipation and self-responsibilisation it considers the struggle to integrate civil society into governance, and the power of social networks and solidarity within civil society. With case studies of mobilisations to tackle economic and social problems, this is a comprehensive review of the factors that influence their success and identifies lessons for future social innovation.

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

Get Book Here

Book Description