With the transition into the Knowledge Economy, a formidable series
of new challenges arise within the corporate governance space. This
book tackles the issue of corporate governance along two axes.
Firstly, it confronts the developments in corporate governance
within the context of the Knowledge Economy and all its
implications in relation to the pre-eminence of intangible assets,
the advent of technologies such as smartphones and advanced forms
of artificial intelligence, and cultural changes associated with
the incorporation of Gen Y into the workforce and the proliferation
of social networks and effects such as Big Data and cyber-threats.
Secondly, it highlights the challenges for multinational
organizations and the tension that exists between headquarters and
subsidiary offices due to the need to combine the corporation's
ethical culture and corporate governance values with the
institutional forces of the subsidiaries' context. The combination
of these two axes addressed viz a viz the relationship between
senior management and the rank and file of the organization to
create an ethical corporate culture leads to a completely different
positioning of corporate governance and make the book truly unique
and of interest to researchers, students of corporate finance and
corporate governance alongside practitioners within financial
organizations and more broadly.
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