Archive | June, 2007
Global Strategy: Creating and Sustaining Advantage across Borders (Strategic Management) by Andrew Inkpen and Kannan Ramaswamy integrates academic research and case studies to inform readers about global avenues to competition. Political instability, corrpution, inadequate infrastructure, and closely knit ownership structures are addressed. For example, readers are advised that leapfrogging offers the best window for an MNE to bypass poor physical infrastructure – as in widespread diffusion of cell phone use. Direct state ownership often means partnerships must pursue agendas not directly relevant to shareholder wealth maximization. Family control may emphasize profitability over growth. Continue Reading →
Governance and Risk by George S. Dallas (Editor). This handbook presents the most comprehensive framework for corporate governance as a risk factor that I have ever seen. I have several books on my shelves that compare corporate governance systems in the US, UK, Japan, Germany and France but this one also includes Brazil, China, India, Korea, Russia and Turkey.
I also have plenty of handbooks for directors that describe various duties but Governance and Risk takes the most systematic approach. Each factor is accompanied by instruction, questions, as well as examples of strong and weak profiles. Continue Reading →