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Author: | Arnold, P. J. Sikka, P. |
Title: | Globalization and the state-profession relationship: the case the Bank of Credit and Commerce International |
Journal: | Accounting, Organizations and Society
2001 : AUG, VOL. 26:6, p. 475-499 |
Index terms: | GLOBALIZATION INTERNATIONAL BUSINESS MULTINATIONAL COMPANIES COMPANY CONTROL REGULATIONS BUSINESS-GOVERNMENT RELATIONS |
Language: | eng |
Abstract: | Globalization of businesses raises major questions about the regulation of corporations, both in the national and international context. Two competing views are: The hyperglobalists claim that in a globalized world, nation-states cannot take effective actions to regulate multinational businesses, especially those relating to banking and finance. The skeptics accept the view that to regulate corporations, the nation-state has always had to restructure itself. |
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