Private initiatives for corporate responsibility have been a major development in international management over the last twenty years. The initiatives include issuance of codes of business conduct, implementation of management systems and broader efforts to improve business accountability. Yet,...

New patterns of globalisation are accelerating the internationalisation of industry and reshaping industrial structure at the global level. Rapidly growing cross-border mergers and acquisitions (M&As) and strategic alliances are distinctive features of globalisation in the current era. They have...

Korea's experience with outward foreign direct investment (FDI) demonstrates that the ancillary benefits of such investment -- knowledge and management transfer, market acquisition and skills enhancement -- can be substantial for individual firms. Moreover, the resulting increased robustness of...