A noteworthy characteristic of the contemporary global economy is the uneven distribution of world foreign direct investment (FDI). While in the first global economy before 1929 most FDI was located in developing countries, currently... more
A noteworthy characteristic of the contemporary global economy is the uneven distribution of world foreign direct investment (FDI). While in the first global economy before 1929 most FDI was located in developing countries, currently threequarters of world FDI is located in developed countries. Large emerging economies with little inward FDI include India and Turkey, despite the relaxation over the last two decades of the restrictions imposed on foreign firms between 1950 and 1980. This working paper explores why Unilever, the Anglo-Dutch consumer products company, was able to sustain large businesses in those countries even in the postwar era of hostility to foreign multinationals. It argues that the explanation is multi-causal. Unilever held first-mover advantages in both countries, but it was also prepared to accept low dividend remittances for years. It pursued flexible business strategies beyond its "core" business, even distributing condoms. It maintained a high standard of corporate ethics. It was effective at building contacts with local business and government elites, primarily through localization of management. In short, it took an extraordinary effort by a very large and experienced global corporation to survive the “era of confrontation” which deterred most other foreign firms, and which has left behind a legacy of distrust which helps to explain the continuing low levels of FDI in Turkey and India.
These two separate articles appeared in Op-Ed of Pakistan’s largest English newspaper, The Dawn, in May and June 2007. The articles look into the causes of Pakistan’s stunted corporate growth and offer insights into historical evolution... more
These two separate articles appeared in Op-Ed of Pakistan’s largest English newspaper, The Dawn, in May and June 2007. The articles look into the causes of Pakistan’s stunted corporate growth and offer insights into historical evolution of business and industry.
This is a position papers on the changes that digital migration from analogue television broadcasting to digital television broadcasting. It highlights the controversies that have have emerged in the process s in Kenya
Il controllo sulle fonti di produzione e sulle reti di distribuzione e vendita del petrolio si è strutturato nel corso del secolo attraverso la sinergia tra governi e grandi compagnie. Il libro ricostruisce l’evoluzione di questo... more
Il controllo sulle fonti di produzione e sulle reti di distribuzione e vendita del petrolio si è strutturato nel corso del secolo attraverso la sinergia tra governi e grandi compagnie. Il libro ricostruisce l’evoluzione di questo rapporto, a partire dal 1914, quando la Gran Bretagna inaugurò la relazione tra pubblico e privato nel settore petrolifero, fino alla crisi dei primi anni Settanta, che rappresentò un momento di svolta cruciale in quella relazione. Si tratta in sostanza di un’indagine del concreto dispiegarsi della relazione tra potere statale e grande capitale, quel livello della vita economica e sociale che Braudel definiva il «contro-mercato […], il regno dell’arrangiarsi e della legge del più forte», ossia, tout court, il capitalismo .
An early study, published in 1977, of the relationship between the British government and oil companies in the early stages of the modern oil industry.
Suggestions have been made that the activities of many boards and companies have benefited some to a greater extent than others. Explores a range of related issues and various options for widening the range of stakeholders whose interests... more
Suggestions have been made that the activities of many boards and companies have benefited some to a greater extent than others. Explores a range of related issues and various options for widening the range of stakeholders whose interests are taken into account, restoring trust and confidence in more sustainable, responsible and inclusive companies, building a more responsible and collaborative form of capitalism and achieving more sustainable and inclusive growth.
Published as: Coulson-Thomas, Colin (2017), Responsible Companies, Capitalism and Growth, in Institute of Directors, 11th International Conference on CSR, 'Embedding CSR in Corporate Strategy for Responsible Growth', Souvenir, 20-21 January, Bengaluru, New Delhi, Institute of Directors
Lobicilik pek çok diğer ülkedekine benzer bir biçimde ülkemizde de genellikle olumsuz tınıya sahip bir kavram ve çalışma alanı olarak algılanmaktadır. Ancak lobicilik aslında kendi başına olumlu ya da olumsuz bir alan değil; iki yönde de... more
Lobicilik pek çok diğer ülkedekine benzer bir biçimde ülkemizde de genellikle olumsuz tınıya sahip bir kavram ve çalışma alanı olarak algılanmaktadır. Ancak lobicilik aslında kendi başına olumlu ya da olumsuz bir alan değil; iki yönde de kullanılabilecek bir araç, karar süreçlerindeki zihinsel alet çantasının bir parçasıdır. Bu çalışmada lobicilik çeşitli yönleriyle tanıtılmakta ve "lobiciliğin maliyetinin yüksek olmasının" siyasi karar alma süreçlerine "görüş aktarım kalitesi" üzerindeki etkisine dair bir örnek oyun çözülmektedir.
Imperialism dates back to the dawn of political history and it has been driven by a multitude of factors, including human nature and, first and foremost, power politics. Yet there is a specificity of modern imperialism that cannot be... more
Imperialism dates back to the dawn of political history and it has been driven by a multitude of factors, including human nature and, first and foremost, power politics. Yet there is a specificity of modern imperialism that cannot be ignored: imperialism in the modern era, say at least since the 1870s but we might maybe go back till the XVII century Holland, is understandable only in close connection with the development of capitalism. As Callinicos writes: “capitalist imperialism is constituted by the intersection of two forms of competition, namely economic and geopolitical”. It follows that to understand oil imperialism it is crucial to clarify the nature of the interrelation between political power and big business, the sphere of relations that Braudel identified with capitalism tout court. This was a two-way relations: the oil majors jumped on the boat of the expansion of the US hegemony and gained access to immensely profitable resources, while the US as an international power profited from the control of a key energy source. The paper sketches out the consolidation of this relationship throughout the first half of the XXth century as the main driver of oil imperialism.
This article first explores the forces that produce the interdependence of business and government, with a focus on the constraints that this interdependence places on government policy.. It then explores the mechanisms by which these... more
This article first explores the forces that produce the interdependence of business and government, with a focus on the constraints that this interdependence places on government policy.. It then explores the mechanisms by which these constraints are activated through the direct influence of corporations on policy formation and implementation. Specific attention is paid to personnel transfers between business and government; business sponsored policy-planning groups which develop policy and then transmit it into government; advisory commissions which temporarily import business leaders into the formal policy development process; and appointment of business representatives to the Boards of Trustees and Directors of autonomous public institutions.
The Federal Election Campaign Act of 1971 made it possible, for the first time in American history, to compile reasonable accurate records of the funding sources tapped by presidential candidates, and gave the public access to generally... more
The Federal Election Campaign Act of 1971 made it possible, for the first time in American history, to compile reasonable accurate records of the funding sources tapped by presidential candidates, and gave the public access to generally reliable information about the sources of major contributions in presidential elections. Given the power of corporations, and their documented desire to conceal their support for candidates, this chapter explores the process by which this legislation was enacted without the concerted opposition of the corporate elite. This article explores the reasons why major sections of the corporate world supported this disclosure legislation, and their critical role in its enactment.
The difficulty of doing business in Nigeria has gained currency in the national discussion in a recent time. This research paper aimed to review the successes and failures in the implementation of the ease of doing business in policy. It... more
The difficulty of doing business in Nigeria has gained currency in the national discussion in a recent time. This research paper aimed to review the successes and failures in the implementation of the ease of doing business in policy. It examines the effects of the various programmes put in place for realization of the policy objectives. Having adopted secondary method of data collection, this paper therefore concludes that even though the policy has recorded some little degree of successes, the business climate in Nigeria is still far from friendly due to some implementation paradoxes that have beclouded the policy objectives. The paper will therefore proffer some policy recommendations that may be instrumental for the actualization of the policy objectives.
Presentations and discussion at the 16th Global Convention on Governance and Sustainability suggests a desire of the corporate leaders present to put a higher priority upon better addressing the requirements of stakeholders other than... more
Presentations and discussion at the 16th Global Convention on Governance and Sustainability suggests a desire of the corporate leaders present to put a higher priority upon better addressing the requirements of stakeholders other than shareholders. Achieving this might require changes of corporate purpose, governance arrangements and leadership criteria. Recent investigations of adoptions of performance support suggest that it is possible to simultaneously deliver multiple objectives and deliver benefits to a wider range of stakeholders as well as furthering the interests of shareholders. Revised corporate ends could be matched by developments in the means to achieve them. This raises the possibility of businesses, regulators, governments and public bodies working more closely together to pursue shared aims and create economies and build companies that increasingly work for all rather than just the few. Such a shift of emphasis could help to dispel cynicism and reduce mistrust of business leaders and usher in a new era of collaborative capitalism.
"У статті розглядаються проблема взаємин держави і економіки та механізм послаблення тиску на бізнес з боку держави. Впровадження саморегулювання є ефективною моделлю оптимізації функцій контролю за наданням послуг та збалансування... more
"У статті розглядаються проблема взаємин держави і економіки та механізм послаблення тиску на бізнес з боку держави. Впровадження саморегулювання є ефективною моделлю оптимізації функцій контролю за наданням послуг та збалансування відносин влади і бізнесу. Розкривається сутність саморегулювання, саморегулюючих організацій і професійного управління.
SELF-REGULATION AS A MECHANISM OF REDUCTION OF GOVERNMENT INTERVENTION IN BUSINESS DEVELOPMENT
The article discusses a problem of relationship between government and economy and mechanism of relieving state’s pressure on business. The implantation of self-regulation is an effective model for optimization of control functions for services providing and balance relationship between government and business. The main point of self-regulation, self-regulatory organizations and professional regulation are examined.
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Abstract: This uncommonly coherent collection explains how Bill Clinton consolidated the conservative economic and social agendas of the Reagan and bush administrations. Disputing arguments that Clinton was responding to an electorate... more
Abstract: This uncommonly coherent collection explains how Bill Clinton consolidated the conservative economic and social agendas of the Reagan and bush administrations. Disputing arguments that Clinton was responding to an electorate that had shifted rightward, the collection argues that the disproportionate capacity of business elites to mobilize fiscal, institutional, legal, and ideological resources explains his conservatism.
Michael Useem and others have demonstrated that the inner circle of the corporate elite is institutionally capable of apprehending and promoting the general interests of the business community. This article examines the inner group of... more
Michael Useem and others have demonstrated that the inner circle of the corporate elite is institutionally capable of apprehending and promoting the general interests of the business community. This article examines the inner group of directors among St. Louis, Missouri, corporations, documents their centrality in the center of networks of economic power, and documents how the inner circle influence the lending policy of the dominant banks in the region, and the consequences of these policies for residential and commercial development in the region.
"Проаналізована сутність публічно-приватного партнерства та визначена його роль в системі надання публічних послуг. Наведені приклади із застосування публічно-приватного партнерства в європейських країнах. Особлива увага приділена... more
"Проаналізована сутність публічно-приватного партнерства та визначена його роль в системі надання публічних послуг. Наведені приклади із застосування публічно-приватного партнерства в європейських країнах. Особлива увага приділена проблемі впровадження інституту публічно-приватного партнерства в Україні.
PUBLIC-PRIVATE PARTNERSHIP: EUROPEAN PRACTICE AND UKRAINIAN REALITY
It is analyzed the main point of public-private partnership and its role in the system of rendering of public services is defined. It is given the examples of application of public-private partnership in European countries. Special attention is concentrated on a problem of adoption of the institute of public-private partnership in Ukraine."
