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The Globalization of Corporate Governance.
(From Journal of Japanese Trade & Industry (JJTI))
Byline: Ronald Dore
National Differences, Value Differences To return to "economic" and "non-economic," the fact is that the diversity of views as to what should be the "mission" of the corporation is not just "national." It is also ideological, a diversity of political values. Deng Xiaoping is famous for the line: I don't care whether the cat is black or white, provided it catches the mice. But in fact there is no such simple criterion as mice-catching to measure the performance of corporations. Neo-liberals would thoroughly agree with the OECD's emphasis on accounting profit or enhancement of ...
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