The Transfer of Governance from the Nation State to a Corporate Global Economy
Author(s) -
José́ G. Vargas-Hernández
Publication year - 2009
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1344470
Subject(s) - corporate governance , state (computer science) , business , economic system , market economy , economy , political science , economics , finance , computer science , algorithm
The purpose of this document is to analyze the emerging phenomenon of the transfer of state governance to global economic corporate governance. After determining the economic globalization processes driven by a corporate global economy, which affects the formation of glocalized business – intergovernmental networks, we discuss their outcome and impact. Finally we outline the main challenges facing governance driven by a corporate global economy.
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