How to cite this paper: Chitumbura, J., & Takawira, O. (2021). Transformation of the private offshore wealth management service industry in the emerging economy. Journal of Governance & Regulation, 10(2),

Humanity has never benefited more from the ocean as a source of food, livelihoods, and well-being, yet on a global scale this has been accompanied by trajectories of degradation and persistent inequity. Awareness of this has spurred policymakers to develop an expanding network of ocean governance instruments, catalyzed civil society pressure on the public and private sector, and motivated engagement by the general public as consumers and constituents. Among local communities, diverse examples of stewardship have rested on the foundation of care, knowledge and agency. But does an analog for stewardship exist in the context of globally active multinational corporations? Here, we consider the seafood industry and its efforts to navigate this new reality through private governance. We examine paradigmatic events in the history of the sustainable seafood movement, from seafood boycotts in the 1970s through to the emergence of certification measures, benchmarks, and diverse voluntary envi...

Loan covenants, stock exchange listing rules, and shareholder activism can redirect capital toward better seafood practices

This study aims to examine the effect of corporate multinationality, occurance of transactions with tax-haven-countries, and intangible assets on transfer pricing aggressiveness in Indonesian companies. Applying purposive sampling method, this study analyzed 100 samples of multinational companies listed in the Indonesia Stock Exchange (IDX) during the period from 2015 to 2019, except companies from the financial and insurance sector. Applying multiple regression analysis, this study unveiled a positive and significant impact of multinationality, occourance of transactions with tax-haven-countries, and intangible assets on companies’s transfer pricing aggressiveness.

The corona pandemic has exposed the interconnected, tightly coupled and vulnerable globalised world. This White Paper sets the scientific stage for understanding and responding to such crises for global sustainability and resilient societies. We provide a systemic overview of the current situation; where people and nature are dynamically intertwined and embedded in the biosphere, placing shocks and extreme events as part of this dynamic; where humanity has become the major force in shaping the future of the Earth system as a whole; and where the rapid expansion of the human dimension has caused climate change, simplification of life on earth, growing inequalities, and loss of resilience to deal with uncertainty and surprise. Taken together, human actions are challenging the biosphere foundation for a prosperous development of civilisations. The Anthropocene reality, of rising turbulence, calls for transformative change towards sustainable futures. Emerging technologies, social innovations, broader shifts in cultural repertoires, as well as a diverse portfolio of active stewardship of human actions in support of a resilient biosphere are highlighted as essential parts of such transformations.