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Full-Text Articles in Political Science

The Governance Divide In Global Corporate Responsibility: The Global Structuration Of Reporting And Certification Frameworks, 1998-2017, Shawn Pope, Alwyn Lim Mar 2019

The Governance Divide In Global Corporate Responsibility: The Global Structuration Of Reporting And Certification Frameworks, 1998-2017, Shawn Pope, Alwyn Lim

Research Collection School of Social Sciences

In recent decades, as worldwide attention to corporate responsibility increased, the global corporate responsibility (GCR) movement did not converge on a singular governance model nor hybridize into myriad country-specific models. The movement, rather, bifurcated into onerous certification frameworks and more lax reporting frameworks. We examine this ‘governance divide’ in the GCR movement by investigating the cross-national diffusion of seven core GCR frameworks. We adopt a glocalization perspective that conceptualizes a vertical nesting of local and global contexts. Our cross-national quantitative analyses suggest that, while linkages to global culture have encouraged business participation in all GCR frameworks, power dependencies related to ...


How Agribusiness Can Win In Partnership With Small Farms, John A. Donaldson Sep 2016

How Agribusiness Can Win In Partnership With Small Farms, John A. Donaldson

Research Collection School of Social Sciences

Can large-scale agribusiness reduce costs and obtain less-expensive food while also reducing poverty and inequality by engaging small-scale farmers? Many conclude that such an attractive outcome is unimaginable, but innovative pilot projects hold promise that such a reality is within reach and replicable.


Understanding The Failure Of China’S Specialized Cooperatives In China, Zhanping Hu, Qian Forrest Zhang, John A. Donaldson Apr 2016

Understanding The Failure Of China’S Specialized Cooperatives In China, Zhanping Hu, Qian Forrest Zhang, John A. Donaldson

Research Collection School of Social Sciences

At first blush, contemporary China seems ripe for the rapid development of agricultural cooperatives. After all, cooperatives have not only enjoyed a long history in China, but the country’s recent experience with agricultural communes should make it more amenable to the reestablishment of joint production and spontaneous bottom-up cooperation. Agricultural cooperatives in China date to the 1930s, as Rural Reconstruction Movement advocates promoted cooperatives as a “third road” between capitalism and socialism. Although Mao’s regime disbanded most bottom-up cooperatives, rural cooperatives began to reemerge in rural China by the end of the 20th century, particularly after 1998, when ...


Externalities Of Capitalism, Singapore Management University Jan 2016

Externalities Of Capitalism, Singapore Management University

Perspectives@SMU

Capitalism produces consequences – both good and bad – that are not intended. Strong states are needed to manage them


On The Social And Political Effects Of Opening In Rural China, Housi Cheng, Qian Forrest Zhang, John A. Donaldson Dec 2015

On The Social And Political Effects Of Opening In Rural China, Housi Cheng, Qian Forrest Zhang, John A. Donaldson

Research Collection School of Social Sciences

What are the economic, social and political effects when previously isolated villages are opened to the outside world? Scholars from different traditions expect different sorts of positive or negative affects to occur. Rural China presents an ideal environment to study this question empirically. Villages within rural China are in the process of being opened to the outside world in different forms, such as through being connected by road, the investment of agribusiness, or urbanization. Moreover this opening is being driven and shaped by different actors, including local residents, government and businesses. The different ways and actors that this opening occurs ...


The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma May 2014

The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma

Research Collection School of Social Sciences

To have a conversation, the appropriate language is needed. The language is just starting to emerge in both Asia and the West for one of the most important conversations the world is now having—the discussion about the future of business and capitalism. Thailand’s King Bhumibol refers to the sufficiency economy. Harvard’s Michael Porter speaks of shared value. Ellen MacArthur’s eponymous foundation supports the transition to the circular economy. John Elkington proposes breakthrough capitalism. Bhutan’s call to measure progress by gross national happiness (GNH), rather than the narrow metric of gross domestic product (GDP), is now ...


From Fragmentation And Silos To Tri-Sector Collaboration: Social Innovation In Hong Kong, Ada Wong Jan 2013

From Fragmentation And Silos To Tri-Sector Collaboration: Social Innovation In Hong Kong, Ada Wong

Social Space

Social innovation is gathering momentum in Hong Kong. It is connecting silos and developing partnerships for change. Ada Wong describes how five social innovators are approaching social change to bring about cohesion amidst a fragmented political landscape.


Show Me The Money!, Singapore Management University Jan 2013

Show Me The Money!, Singapore Management University

Perspectives@SMU

Governments worldwide are accumulating reserves to guard against financial turmoil. Could they be contributing to it?


Political Connections And Firm Value: Evidence From The Regression Discontinuity Design Of Close Governorship Elections, Quoc-Anh Do, Yen Teik Lee, Bang D. Nguyen Jan 2013

Political Connections And Firm Value: Evidence From The Regression Discontinuity Design Of Close Governorship Elections, Quoc-Anh Do, Yen Teik Lee, Bang D. Nguyen

Research Collection Lee Kong Chian School Of Business

Using the network of university classmates among corporate directors and politicians and the regression discontinuity design of close gubernatorial elections from 1999 to 2010, we identify the positive and significant impact of social-network based political connections on firm value. Firms connected to elected governors increase value by 1.36% on average surrounding the election date. Political connections are more valuable in a state with a higher level of regulation and corruption, in smaller firms, and in firms dependent on external finance. Firms connected to election winners invest more, earn better operating performance, hold more cash, and enjoy better long-term stock ...


Out Of Sight, Out Of Mind: The Value Of Political Connections In Social Networks, Quoc-Anh Do, Yen Teik Lee, Bang Dang Nguyen, Kieu-Trang Nguyen May 2012

Out Of Sight, Out Of Mind: The Value Of Political Connections In Social Networks, Quoc-Anh Do, Yen Teik Lee, Bang Dang Nguyen, Kieu-Trang Nguyen

Research Collection School Of Economics

This paper investigates the impact of social-network based political connections on firm value. We focus on the networks of university classmates and alumni among directors of U.S. public firms and congressmen. Comparing firms connected to elected versus defeated politicians in the Regression Discontinuity Design of close elections from 2000 to 2008, we provide evidence that political connections enhance firm value. However, the value of political connections varies in a more complex way than expected. While connections to powerful members of the Senate generate strong positive impact on firm value, connections to newly elected congressmen are less valuable to firms ...


From Boardroom To Parliament, Singapore Management University Apr 2012

From Boardroom To Parliament, Singapore Management University

Perspectives@SMU

Everyone has different motivations for working, . But the primary incentive for slogging it out in the corporate jungle would be money— at least that is what employers believe. This helps explain why companies are often willing to shell out wads of cash to outbid one another in the labour market for top executives.


The Promise Of Social Impact Bonds, John Loder Jan 2011

The Promise Of Social Impact Bonds, John Loder

Social Space

A financial tool from Wall Street is being adapted in the social market to nurture early interventions and incentivise capital flow. As John Loder reports, social impact bonds promise two fundamental shifts—for governments to overcome the politics of fear and for private investors to fund social causes with impact.


Civil Society Sector And Political Change: An Interview With Catherine Lim, Lien Centre For Social Innovation Jan 2010

Civil Society Sector And Political Change: An Interview With Catherine Lim, Lien Centre For Social Innovation

Social Space

Singapore is a society undergoing transitions. With a burgeoning migrant community, the advent of integrated resorts with casinos and an arguably increasingly effervescent non-profit, civil society sector, Singapore looks to be a society that is rapidly opening up. Yet, as writer and political commentator Catherine Lim controversially proposes, civil society and non-profit activists cannot create change without getting their voices heard and actively participating in the political process. She shares with Social Space, her thoughts on the indispensable ingredients for openness and political engagement in a society that wants to be truly global.


Managing A Nation's Image During Crisis: A Study Of The Chinese Government's Image Repair Efforts In The “Made In China” Controversy, Peijuan Cai, Lee Pei Ting, Augustine Pang Sep 2009

Managing A Nation's Image During Crisis: A Study Of The Chinese Government's Image Repair Efforts In The “Made In China” Controversy, Peijuan Cai, Lee Pei Ting, Augustine Pang

Research Collection Lee Kong Chian School Of Business

The image of a nation is crucial in the conduct of international relations (Wang, J. (2006). Managing national reputation and international relations in the global era: Public diplomacy revisited. Public Relations Review, 32, 91–96). A favorable image plays a critical role in asserting one's influence (Benoit, W. L., & Brinson, S. L. (1994). AT&T: “Apologies are not enough”. Communication Quarterly, 42, 75–88; Wang, J. (2006). Managing national reputation and international relations in the global era: Public diplomacy revisited. Public Relations Review, 32, 91–96). Often, strategic communication tools like public relations and media diplomacy are used to enhance a nation's image (Giffard, A., & Rivenburgh, N. K. (2000). News agencies, national images ...


Business And Global Governance: The Growing Role Of Corporate Codes Of Conduct, Ann Florini Mar 2003

Business And Global Governance: The Growing Role Of Corporate Codes Of Conduct, Ann Florini

Research Collection School of Social Sciences

These are, in many ways, halcyon days for global business. In a vast ideological shift in the late 20th century, markets rather than governments came to be seen as the road to prosperity. Governments that once nationalized foreign firms now seek out the investment, technology, and managerial expertise such companies can bring. The halls of the United Nations used to ring with calls for international regulation of those dreaded evil-doers, the multinational corporations. Now the UN instead implores business to join with it in a voluntary Global Compact to ensure respect for internationally agreed environmental, labor, and human rights standards.