Upcoming Articles in Economic Reform Today

Economic globalization and political transition are transforming the role of today's corporation. These dramatic changes also present businesses with the opportunity to strengthen their commitment to local communities by investing in philanthropic activities, training their workers, and adopting standards of corporate governance. Here is a look at some of the articles in the upcoming issue:

• William Kanaga, the former Chairman of CIPE's Board of Directors, argues that corporations need to play a greater leadership role in easing a society's transition to a market-oriented economy. He believes that responsible corporate citizenship is a business strategy for survival in today's competitive marketplace.
• Stanley Dubiel with Institutional Shareholder Services explores the concept of corporate governance and explains why companies' bottom lines benefit when they adopt transparent operating procedures and uphold shareholders' rights.
• Chairman of Russia's Federal Securities Commission, Dmitri Vasiliyev, discusses the critical need to defend shareholders' rights in that emerging market.
• Meredith Woo-Cumings, professor of political science at Northwestern University, argues that South Korea must reform its chaebol in order to restore the country's economic growth.
• James Don Edwards, J.M. Tull Professor of Accounting at the University of Georgia, points to the need to harmonize global accounting standards.