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Challenging the traditional notion that state officials act autonomously in formulating and implementing international policy, the contributors to this volume argue that the influence of organized business groups has been consistently underestimated in recent decades. Each uses a "business conflict" model of state-society relations as a new paradig
This book offers an outlook on relations in the 21st century between national governments and multinational companies.
Businesses have developed an increasingly sophisticated appreciation of the policy process, as well as an ability to develop complex strategies to influence it, over the last 30 years. This volume reviews current debates on the role of business in politics and it assesses emerging methodological approaches to its study.
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Business is one of the major power centres in modern society. The state seeks to check and channel that power so as to serve broader public policy objectives. However, if the way in which business is governed is ineffective or over burdensome, it may become more difficult to achieve desired goals such as economic growth or higher levels of employment. In a period of international economic crisis, the study of how business and government relate to each other in different countries isof more central importance than ever.These relationships have been studied from a number of different disciplinary perspectives - business studies, economics, economic history, law, and political science - and all of these are represented in this handbook. The first part of the book provides an introduction to the ways in which five different disciplines have approached the study of business and government. The second section, on the firm and the state, looks at how these entities interact in different settings, emphasising suchphenomena as the global firm and varieties of capitalism. The third section examines how business interacts with government in different parts of the world, including the United States, the EU, China, Japan and South America. The fourth section reviews changing patterns of market governance through aunifying theme of the role of regulation. Business-government relations can play out in divergent ways in different policy and the fifth section examines the contrasts between different key arenas such as competition policy, trade policy, training policy and environmental policy.The volume provides an authoritative overview with chapters by leading authorities on the current state of knowledge of business-government relations, but also points to ways in which this work might be developed in the future, e.g., through a political theory of the firm.
This book puts forward a distinctive theoretical approach and analytical framework for studying business as an international actor in the environmental field, and provides detailed case studies of the most important environmental challenges in recent years.
Contemporary international affairs are largely shaped by widely differing thematic issues and actors, such as nation states, international institutions, NGOs and multinational companies. Obtaining a deeper understanding of these multifaceted themes and actors is crucial for developing a genuine understanding of contemporary international affairs. This book provides undergraduate and postgraduate students of global politics and international relations with the necessary knowledge of the forces that shape and dominate our global political, economic and social/cultural environment. The book significantly enhances our understanding of the essentials of contemporary international affairs. Understanding Global Politics takes a pragmatic approach to international relations, with each chapter being written by an expert in their respective field: Part I provides the historical background that has led to the current state of world affairs. It also provides clear outlines of the major yet often complex theories of international relations. Part II is dedicated to the main actors in global politics. It discusses actors such as the most important nation states, the UN, EU, international organizations, NGOs and multinational companies. Part III considers important contemporary themes and challenges in global politics, including non-state centered challenges. Chapters focus on international terrorism, energy and climate change issues, religious fundamentalism and demographic changes. The comprehensive structure of this book makes it particularly viable to students who wish to pursue careers in international organizations, diplomacy, consultancy, the think tank world and the media.
Explores in detail the degree to which private sector firms are beginning to replace governments in "governing" some areas of international relations.
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.
Globalization is designed to facilitate a better appreciation of the forces operating in the international business/economic environment as well as the critical economic and institutional variables in many of the most important national players in the environment. The book provides the crucial insights into the extensive literature on the politics of the global economic system without being boring, non-stimulating or unnecessarily cumbersome. The arguments are carefully rendered to assist corporate and international economic and business players alike in deepening their appreciation of the critical and perhaps inevitable process of the roll-back of the sovereign State and its substitution with a new global order driven by market mechanism -- seemingly contrary currents and trends from the global response to extant financial crises notwithstanding. More importantly, Globalization facilitates a better understanding of where all the critical situational forces in the international business environment are headed in the years to come, thus making it an appropriate companion for both policy and business practitioners alike. This book is part of the African World Series, edited by Toyin Falola, Jacob and Frances Sanger Mossiker Chair in the Humanities, University of Texas at Austin.