Corporations now confront the oftentimes daunting job of integrating the interests of multiple stakeholders. Our research indicates doing business in an emerging economy is confounded by the fact that rules, regulations, and marketplace expectations of the home market don't apply.
As a result of their nature that is evolving, the surroundings in emerging markets are uncertain and complicated. Governance isn't just an oversight issue related to making the most suitable choices. Instead, governing bodies understanding the features of the unsettled environment where the business will be, or is, managing are entailed by responsible governance in emerging markets. Understanding and the consistent development of these factors must, of necessity, shape a company's governance process in the market that is developing.
PUBLICATION DATE: November 15, 2012 PRODUCT #: BH500-PDF-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP