Corporate governance and accountability in multinational enterprises: Concepts and agenda |
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| Institution: | 1. ESCP Europe Business School, 527 Finchley Road, NW3 7BG, London, UK;2. Labex ReFi, 79 Avenue de la Republique, 75011 Paris, France;3. Westminster Business School, University of Westminster, 35 Marylebone Road, London, NW1 5LS, UK;4. Cass Business School, City University, 106 Bunhill Row, London, EC1Y 8TZ, UK;1. Hankuk University of Foreign Studies, College of Business Administration, 270, Imun-dong, Dongdaemun-gu, Seoul 130-791, South Korea;2. King''s College London, Strand, London WC2R 2LS, UK;1. Hankuk University of Foreign Studies, College of Business Administration, 270, Imun-dong, Dongdaemun-gu, Seoul, 130-791, South Korea;2. Manchester Metropolitan University Business School, All Saints Campus, Oxford Road, Manchester, M15 6BH, UK |
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| Abstract: | The objective of this editorial article is twofold: (1) to develop a conceptual foundation that defines corporate governance and accountability in MNEs and (2) to present issues for future research on the ground of this conceptual foundation. Despite recent attention and greater efforts to understand MNE corporate governance and accountability using multiple disciplines, a cohesive and integrated foundation to define them and their interrelationships is still lacking. Even among submissions to this special issue, there is no one article that conceptualizes all of these issues. To fill this void, this article explains what constitutes corporate governance and accountability in an MNE; we address what elements the concepts entail, how they differ from domestic firms and in what ways governance and accountability are mutually facilitative. This article also discusses several major research issues that have strong implications for MNE governance and accountability design. |
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