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Situational Dimension

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References

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  2. See Scharpf (1997).

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  3. Aguilera and Jackson (2003:448).

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  4. Since the seminal work of Berle and Means in 1932.

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  6. Aguilera and Jackson (2003:450).

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  14. Firms we call glocal demonstrate both a shareholder-and a stakeholder orientation to corporate governance, giving “local partners, institutions and community groups adequate information on the activities of MNCs operating in their context, and the institutional means to have a voice in their decisions” (Child, 2002:147).

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  36. According to the new regulations of the New York Stock Exchange (1 Aug. 2002), listed firms are required to create a “Code of business conduct and ethics”, including clauses addressing, for example, “Conflicts of interest: should be prohibited and a method should be provided for communicating potential conflicts so they can be avoided... Encouraging the reporting of any legal or unethical behavior: the company should proactively promote ethical behavior and ensure there will be no retaliation” Verschoor (2002:22).

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  102. Ward (2003:22) cites a practical example developed by Young.

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  103. Young’s practical example, cited in Ward (2003:22).

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(2006). Situational Dimension. In: New Corporate Governance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/3-540-28168-1_2

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