Corporate Governance: Cycles of Innovation, Crisis and Reform

This critical work explores the central dynamic of industrial capitalism, including cycles of crisis and regulation, financial bubbles, and digital disruption, and the current crisis of industry-induced climate change. It is essential reading for students of Corporate Governance, International Business, and Business and Management Studies.

Format: Hardback
Length: 288 pages
Publication date: 18 November 2022
Publisher: SAGE Publications Inc

The intricate dance of industrial capitalism revolves around a captivating cycle of remarkable innovation, catastrophic crises, and the arduous journey of corporate governance reform. This critical work delves deep into the core dynamic that shapes this complex system, shedding light on the recurring cycles of crisis and regulation, the emergence of financial bubbles, including the global financial crisis, and the disruptive impact of digital disruption. Furthermore, it examines the pressing crisis of industry-induced climate change, which poses a grave threat to our world.

Corporate Governance: Cycles of Innovation, Crisis, and Reform is an indispensable resource for final-year undergraduate and postgraduate students pursuing degrees in Corporate Governance, International Business, and Business and Management Studies. Authored by Emeritus Professor of Management at the University of Technology, Sydney, Thomas Clarke is a renowned expert in international corporate governance.

This comprehensive book offers a comprehensive exploration of the intricate dynamics that govern industrial capitalism. It begins by examining the driving forces behind innovation, highlighting the pivotal role of technological advancements and market competition in shaping the business landscape. The author then delves into the devastating consequences of catastrophic crises, such as financial meltdowns and industrial accidents, which have profound impacts on society, the economy, and corporate governance practices.

The book's central theme revolves around the cycle of innovation, crisis, and reform. Clarke emphasizes the need for proactive measures to prevent crises and promote sustainable growth. He advocates for robust corporate governance structures, effective risk management strategies, and transparent communication channels between stakeholders. The author also explores the role of regulation and policy in shaping the industrial landscape, highlighting the challenges and opportunities presented by global economic integration.

Financial bubbles, including the global financial crisis, are another critical aspect of the book's analysis. Clarke explores the factors that contribute to the formation of these bubbles and the devastating consequences they have on economies and financial systems. He discusses the role of regulatory agencies, financial institutions, and individual investors in preventing and managing these crises. The book also sheds light on the impact of digital disruption on industries, including the rise of e-commerce, social media, and artificial intelligence. Clarke examines the challenges and opportunities these disruptions present for businesses and corporate governance practices.

The current crisis of industry-induced climate change is considered a defining moment in the book's narrative. Clarke emphasizes the urgent need for businesses to adopt sustainable practices and reduce their carbon footprint. He discusses the role of governments, international organizations, and individual consumers in addressing this crisis and promoting a greener future. The book also explores the challenges and opportunities presented by climate change for corporate governance practices, including the development of sustainable business models, risk management strategies, and disclosure practices.

Corporate Governance: Cycles of Innovation, Crisis, and Reform is a well-researched and comprehensive book that offers valuable insights into the complex dynamics of industrial capitalism. It is an essential resource for students, scholars, and professionals interested in understanding the challenges and opportunities presented by this dynamic economic system. Through its insightful analysis and practical recommendations, the book empowers readers to navigate the complexities of corporate governance and contribute to a more sustainable and responsible business environment.

Weight: 660g
Dimension: 242 x 170 (mm)
ISBN-13: 9781412908603