Transnational Corporate Governance: The State of the Art and Twenty-First Century Challenges

2020 ◽  
Author(s):  
Dionysia Katelouzou ◽  
Peer C. Zumbansen
Keyword(s):  
Corporate Governance ◽  
State Of The Art ◽  
The State ◽  
First Century ◽  
Twenty First Century

Transnational Corporate Governance: The State of the Art and Twenty-First-Century Challenges

2021 ◽  
pp. 614-646
Author(s):  
Dionysia Katelouzou ◽  
Peer Zumbansen
Keyword(s):  
Corporate Governance ◽  
Institutional Investors ◽  
Shareholder Wealth ◽  
Performance Measure ◽  
The State ◽  
First Century ◽  
Access To Health Services ◽  
Wide Range ◽  
Shareholder Wealth Maximization ◽  
Twenty First Century

This chapter explores corporate governance as a transnational regulatory field. Mirroring the rise in importance of the idea of shareholder wealth maximization as a firm’s definitive performance measure, corporate governance became a hotly contested field of competing visions of firms’ institutional and normative infrastructure in search of creating the most advantageous conditions to attract capital in volatile markets. This shift occurred at the same time that regulatory transformations in Western postindustrial societies since the early 1980s had begun to significantly shift public service provision and state-organized frameworks for old-age security guarantees and access to health services. Today’s corporate governance laboratory is a transnational force field, fought over by a host of different state and nonstate actors and also by private actors such as institutional investors. Meanwhile, following the financial crises in 2001, 2008 and 2020 and the simultaneously growing pressure on corporations from human rights, gender equality, and environmental groups, the corporate governance debate again is shifting. This time, a diversity of issues are being discussed under the corporate governance rubric, indicating a more comprehensive engagement with the firm’s purpose and functions and its societal obligations and responsibilities. Given the crucial role of firms as the residual claimants of a wide-ranging retreat of the state from its role in guaranteeing and providing a wide range of social functions, corporate governance is a mirror for the transformation of public and private power, and it has to address the twenty-first-century challenges, including global value chains and the proliferation of institutional investors, unfolding on a planetary scale.

The state of the art of photochemical machining at the start of the twenty-first century

2003 ◽  
Vol 217 (5) ◽  
pp. 643-650 ◽  
Author(s):  
D M Allen
Keyword(s):  
Environmental Impact ◽  
Manufacturing Process ◽  
State Of The Art ◽  
The State ◽  
First Century ◽  
Rapid Manufacturing ◽  
Future Role ◽  
Twenty First Century

This paper reviews photochemical machining, prior to 2001, in terms of its history, materials, products, environmental impact and markets. Its future role in providing a rapid manufacturing process is also discussed.

scholarly journals Professionalization and Innovations in Nigerian Public Service: How far the Dream of Success?

2015 ◽  
Vol 3 (2) ◽  
pp. 104
Author(s):  
Salami Issa Afegbua
Keyword(s):  
Public Service ◽  
Economic Activity ◽  
Civil Service ◽  
The State ◽  
First Century ◽  
The Public ◽  
Effectiveness And Efficiency ◽  
Twenty First Century ◽  
Made In

Public service accounts for a substantial share of a country’s economic activity. It is designed as an agent of fruitful change and development in the state. The transformation of any society or system depends on the effectiveness and efficiency of its civil service. The article examines the nature of professionalization and innovation in Nigerian public service. It argues that professionalization in the public service is an overarching value that determines how its activities will be carried out. The article note that various attempts have been made in Nigeria to professionalised and encourage innovation in the public service, but these have not bring about the expected changes in the public service. It therefore advocates for professionalization and innovations as panacea to the ills of public service in Nigeria. The article concludes that no public service can meet the challenges of the twenty first century without a stronger commitment to the professionalization of its workforce.

Implications of Marxist State Theory and How They Play Out in Venezuela

2017 ◽  
Vol 25 (2) ◽  
pp. 29-62 ◽  
Author(s):  
Steve Ellner
Keyword(s):  
Strategic Alliances ◽  
State Theory ◽  
The State ◽  
First Century ◽  
Class Consciousness ◽  
Process Of Change ◽  
Twenty First Century

The implications of Marxist state theories developed by Nicos Poulantzas and Ralph Miliband are useful for framing issues related to leftist strategy in twenty-first-century Venezuela. A relationship exists between each of the theories and three issues facing the Chavista movement: whether the bourgeoisie (or sectors of it) displays a sense of ‘class-consciousness’; the viability of tactical and strategic alliances between the left and groups linked to the capitalist structure; and whether socialism is to be achieved through stages, abrupt revolutionary changes, or ongoing state radicalisation over a period of time. During Poulantzas’s lifetime, his concept of the state as a ‘strategic battlefield’ lent itself to the left’s promotion of ‘strategic alliances’ with parties to its right. The same concept is compatible with the ‘process of change’ in Venezuela, in which autonomous movements play a fundamental role in transforming the old state and the construction of new state structures.

Conclusion

2020 ◽  
pp. 201-208
Author(s):  
Conor McCarthy
Keyword(s):  
Middle Ages ◽  
The State ◽  
First Century ◽  
New Combinations ◽  
Twenty First Century ◽  
The Middle Ages

The Conclusion restates the book’s four key arguments. Firstly, legal exclusion in various related forms is a tactic of power. Secondly, legal exclusion is an enduring phenomenon, alive and well in disturbing new combinations in the twentieth and twenty-first century West. Thirdly, exclusion from law is a shared concern for the literature of outlawry and the literature of espionage, and hence a key theme in a range of writings about the state and its actions from the Middle Ages to the present day. Finally, the role of literature here is often to offer critique: in offering such critique it shares with law a demand for justice.

Saudi Arabia: Islam and Saudi Arabia’s counterterrorism strategy

2019 ◽  
pp. 343-363
Author(s):  
Roel Meijer
Keyword(s):  
Saudi Arabia ◽  
Arabian Peninsula ◽  
The State ◽  
First Century ◽  
Counter Terrorism ◽  
Middle Way ◽  
Muslim Countries ◽  
Twenty First Century

Saudi Arabia’s counter-terrorism strategy of the first decade on the twenty first century has been widely acclaimed as highly successful and presented as an example for other Muslim countries. The strategy was developed after the bomb attacks of AlQaida on the Arabian Peninsula in 2003. The program is however deeply religious and is based on the reconversion of terrorists from a Jihadi-Salafism to a quietist and law abiding version of Salafism. The chapter goes into the religious terminology Saudi counter-terrorism program by labelling terrorism as religious “deviation,” radicals as people who have been led by their “passions” and are no longer rational and have diverted form the “middle way”. The article also shows how prominent religious scholars have become deeply involved in the state counter-terrorism program of “intellectual security”.

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