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Covid-19 and Governance focuses on the relationship between governance institutions and approaches to Covid-19 and health outcomes. Bringing together analyses of Covid-19 developments in countries and regions across the world with a wide-angle lens on governance, this volume asks: what works, what hasn’t and isn’t, and why? Organized by region, the book is structured to follow the spread of Covid-19 in the course of 2020, through Asia, the Middle East, Europe, the Americas, and Africa. The analyses explore a number of key themes, including public health systems, government capability, and trust in government—as well as underlying variables of social cohesion and inequality. This volume combines governance, policies, and politics to bring wide international scope and analytical depth to the study of the Covid-19 pandemic. Together the authors represent a diverse and formidable database of experience and understanding. They include sociologists, anthropologists, scholars of development studies and public administration, as well as MD specialists in public health and epidemiology. Engaged and free of jargon, this book speaks to a wide global public—including scholars, students, and policymakers—on a topic that has profound and broad appeal.
The years from 2000 to 2010 were bookended by two major economic crises. The bursting of the dotcom bubble and the extended bear market of 2000 to 2002 prompted Congress to pass the Sarbanes-Oxley Act, which was directed at core aspects of corporate governance. At the end of the decade came the bursting of the housing bubble, followed by a severe credit crunch, and the worst economic downturn in decades. In response, Congress passed the Dodd-Frank Act, which changed vast swathes of financial regulation. Among these changes were a number of significant corporate governance reforms. Corporate Governance after the Financial Crisis asks two questions about these changes. First, are they a good idea that will improve corporate governance? Second, what do they tell us about the relative merits of the federal government and the states as sources of corporate governance regulation? Traditionally, corporate law was the province of the states. Today, however, the federal government is increasingly engaged in corporate governance regulation. The changes examined in this work provide a series of case studies in which to explore the question of whether federalization will lead to better outcomes. The author analyzes these changes in the context of corporate governance, executive compensation, corporate fraud and disclosure, shareholder activism, corporate democracy, and declining US capital market competitiveness.
Taking a close look at American corporate governance, the authors show what is missing in today's corporate governance, and support a case for activating the board of directors to put new controls on management and take responsibility for the result.
Along with its impacts on health systems, economies, and schooling, one of the lasting effects of COVID-19 has been on the civic and political sphere. From conflict in Tigray, Ethiopia, to Myanmar’s recent military coup, governance restrictions have been either a lightning rod for opposition actors or a means of justifying repression and suspension of the rule of law. We draw on IFPRI’s CPR to examine various governance restrictions that were prominent during the first 12 months of the pandemic and focus on three main policy responses: postponing elections and restricting political rallies; censorship justified as a means to discourage misinformation; and imposing states of emergency. For the latter, we examine how this near-universal policy response had substantively different components and modes of implementation.
Owen E. Hughes investigates governance across sectors including corporate, international and political governance, arguing that governance, as a general concept and an operational system, is in crisis. Hughes reasons that the crisis is in governance in general, in how societies run themselves, in how companies are run and how international organizations are run.
This book studies governance capacity and governance legitimacy for societal security and crisis management. It highlights the importance of building organizational capacity by focusing on the coordination of public resources and underscores the relevance of legitimacy by emphasizing the importance of public perceptions, attitudes, and trust vis-à-vis government arrangements for crisis management. The authors explore several cases and identify relevant dimensions concerning performance, capacity and legitimacy across different countries. It is an ideal volume for audiences interested in public administration, public policy, crisis management and security studies.
The European Union of today cannot be studied as it once was. This original new textbook provides a much-needed update on how the EU's policies and institutions have changed in light of the multiple crises and transformations since 2010. An international team of leading scholars offer systematic accounts on the EU's institutional regime, policies, and its community of people and states. Each chapter is structured to explain the relevant historical developments and institutional framework, presenting the key actors, the current controversies and discussing a paradigmatic case study. Each chapter also provides ideas for group discussions and individual research topics. Moving away from the typical, neutral account of the functioning of the EU, this textbook will stimulate readers' critical thinking towards the EU as it is today. It will serve as a core text for undergraduate and graduate students of politics and European studies taking courses on the politics of the EU, and those taking courses in comparative politics and international organizations including the EU.
Democracy in Southeast Asia seems to be in crisis. The contributors to this volume argue that this is a crisis of democratic governance. They look into its causes, consequences and prospects, comparing themes of democratic governance in Southeast Asia such as political culture, civil society, political parties and institutions and human rights
An internationally-trained African economic analyst studies this former British colony''s struggle to become a viable independent state. Problems range from the need for constitutional reform to political patronage and a de facto oneparty democracy and th
Corporate governance, the internal policies and leadership that guide the actions of corporations, played a major part in the recent global financial crisis. While much blame has been targeted at compensation arrangements that rewarded extreme risk-taking but did not punish failure, the performance of large, supposedly sophisticated institutional investors in this crisis has gone for the most part unexamined. Shareholding organizations, such as pension funds and mutual funds, hold considerable sway over the financial industry from Wall Street to the City of London. Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis exposes the misdeeds and lapses of these institutional investors leading up to the recent economic meltdown. In this collection of original essays, edited by pioneers in the field of fiduciary capitalism, top legal and financial practitioners and researchers discuss detrimental actions and inaction of institutional investors. Corporate Governance Failures reveals how these organizations exposed themselves and their clientele to extremely complex financial instruments, such as credit default swaps, through investments in hedge and private equity funds as well as more traditional equity investments in large financial institutions. The book's contributors critique fund executives for tolerating the "pursuit of alpha" culture that led managers to pursue risky financial strategies in hopes of outperforming the market. The volume also points out how and why institutional investors failed to effectively monitor such volatile investments, ignoring relatively well-established corporate governance principles and best practices. Along with detailed investigations of institutional investor missteps, Corporate Governance Failures offers nuanced and realistic proposals to mitigate future financial pitfalls. This volume provides fresh perspectives on ways institutional investors can best act as gatekeepers and promote responsible investment.