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| A Case Study Analysis of Transferred Practices Within MNCs: The Actor Network Theory | | final.jpg)
Janis Hilaricus | |
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| This paper investigates how transferred practices influence regular work practices within MNCs. The author studied knowledge transfer within a French multinational corporation (MNC) using the Actor Network Theory (abbreviated as ANT). ANT offers a suitable framework for analyzing the process of adoption of a transferred practice by subsidiaries of MNCs. Findings indicate that the adoption of transferred practices by foreign subsidiaries is a very uneven process. Some units and managers support adoption and use of the technology; others do not. There are also some surprising side effects of using Lotus Notes software, particularly increased communication between the Brazilian and Mexican subsidiaries. |
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| Business and Cimate Change: Key Challenges in the Face of Policy Uncertainty and Economic Recession | | final.jpg)
Kolk, Ans | |
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| Climate change is seen as the most pressing environmental problem of our time by many companies, policymakers and other stakeholders. It is currently also at the forefront of attention in view of attempts to conclude a successor to the Kyoto Protocol that expires in 2012. In bail-out plans and policies to address the economic recession and credit crisis, climate aspects have figured prominently as well. This article examines recent policy and economic developments and their relevance for business and climate change, considering the implications of the economic slowdown, declining oil prices and bail-outs. Dilemmas in the economy-climate-policy nexus in the current setting are also placed in the broader context related to innovating for climate change, to highlight some of the competitive, technological and market issues that need to be taken into account to break the present dead-lock that hinder radical moves to a low-carbon economy. |
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| The Development of India's Small Car Path | | final.jpg)
Becker-Ritterspach, Florian A.A. | final.jpg)
Becker-Ritterspach, Jutta C.E. | |
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| This paper explores the emergence, consolidation and challenges to India’s small car path in the passenger car industry. The paper shows that this path can only be properly understood if we consider the interplay of a wider range of context conditions, including political, social, economic and infrastructural conditions. The paper shows that while the state has played a pivotal role in creating the path, it was the socio-economic conditions that channelled the political choices. The paper also shows that although the government’s role in developing and sustaining the path has changed from an entrepreneurial to a framework setting role, the prevailing socio-economic conditions keep channelling the political action towards a small car path. |
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| Business and Poverty - Bridges and Divides | | 
Michael Blowfield | |
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| Can business be a genuine agent in tackling poverty? Is it asking too much to expect business to go beyond its conventional economic roles to become a more active, conscious, and accountable participant in the process of international development, and what are the consequences both for business and wider society if the private sector becomes a development agent? Is it something to be welcomed for the additional resources and comparative strengths it gives access to, or is it something to be wary of because of how it might influence the development process? |
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| An Analysis of Sovereign Wealth Funds' Recent Venture in Developed Capital Markets | | final.jpg)
Surendranath Jory | final.JPG)
Mark Perry | final.jpg)
Thomas Hemphill | |
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| In 2007 and 2008, Sovereign Wealth Funds (SWFs), mostly from Asia and the Middle East, invested billions of dollars in the stocks of major US financial institutions, but prior to these investments, SWFs were relatively unknown in the US. Following major investments by SWFs in the US stock market, both investors and regulators are taking a closer look at them. The cause for concern is that many SWFs disclose very little about their corporate governance, organization structure, investment objectives, and short- and long-term targets, among other issues. These concerns led to fears by some that foreign governments might be using SWFs to acquire strategic assets in the U.S. for geopolitical gains. In this paper, we look at SWFs’ investment objectives, the benefits they bring to target firms, the rising public concern in the U.S. about SWFs, the governance structure of SWFs, their revenue sources and investment preferences, the performance of their U.S. investments, and their regulatory supervision. |
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11 March 2010 |
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