3rd Edition

International Corporate Governance

By Thomas Clarke Copyright 2024
    818 Pages 114 B/W Illustrations
    by Routledge

    818 Pages 114 B/W Illustrations
    by Routledge

    Thomas Clarke’s International Corporate Governance offers a panoramic guide to corporate governance and examines the recurring crises in governance and the reform around the world.

    This is a popular classic book but significant changes have been made to this new edition to take account of:

    • the continuing impact of the global financial crisis and the wave of regulation development flowing from this
    • the profound consequences of climate change and the urgent need for corporations to respond with the commitment to sustainable value creation

    Important elements of the work include:

    • contemporary governance failures including BP, VW, Boeing, GM/Tesla, Apple, Purdue Pharma, and Theranos;
    • the ongoing vitality of the diversity of corporate governance across the world;
    • digital disruption in capital markets and initiatives to build long-term investment;
    • the universal impact of financialization and resulting increasing inequality;
    • the essential logic of corporate governance and corporate sustainability.

    The textbook contains a wealth of pedagogical material to guide the reader through this complex subject, with student questions to help with assessments and new companion website. There are 14 new forensic case analyses critically scrutinizing governance failures.

    International Corporate Governance is an essential text for those studying corporate governance at the advanced undergraduate, postgraduate, or executive level.

    Table of Contents:

    Forword

    Preface

    1. Cycles of Governance
    2. Boards and Directors: The Political Mechanisms of Corporate Governance
    3. Finance, Law, and Markets: The Institutional Elements of Corporate Governance
    4. Anglo-American Corporate Governance
    5. European Corporate Governance
    6. Asia Pacific Corporate Governance
    7. The Globalization of Corporate Governance
    8. Corporate Social Responsibility
    9. Corporate Governance and Climate Change
    10. Corporate Sustainability

    Case Studies: Corporate Governance Crisis

    Global Financial Crisis Cases (2007-2009)

    1. Lehman Brothers
    2. RBS
    3. UBS
    4. Iceland
    5. Asia-Pacific Cases (2009-2022)

    6. Satyam
    7. Olympus
    8. Renault-Nissan
    9. Sustainability Cases (2010-2022)

    10. BP
    11. VW
    12. Boeing
    13. GM/Tesla
    14. Apple
    15. Public Health Cases (2003-2022)

    16. Purdue Pharma
    17. Theranos

    Biography

    Thomas Clarke is a Fellow of the Royal Society of Arts, and formerly Professor of Management at the China Europe International Business School (CEIBS), and at UTS Sydney. Visiting Professor at the University of Paris, University of Geneva, Toulouse Business School, FGV in Brazil, and UNAM in Mexico. He was a member of the RSA Tomorrow’s Company Inquiry that influenced the review of UK Company Law, and at the OECD in Paris helped develop the corporate governance code adopted by governments throughout the world. In 2016 he was awarded the inaugural Sir Adrian Cadbury Scholarship by the International Corporate Governance Network (ICGN).