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Research Question/Issue: Convergence in corporate governance across countries has been a subject of interest and controversy in a variety of disciplines. We attempt to address a number of related research questions: (1) what constitutes convergence? (2) what are the drivers that propel corporations in different nations towards convergence? (3) what are the major impediments that stand in the way of convergence? (4) what empirical evidence do we have to suggest that we are moving towards or away from convergence? and (5) what would be some productive avenues for further research on this topic? Research Findings/Results: Despite the vigorous intellectual position of the proponents of convergence, there is only limited evidence to indicate that such convergence is actually occurring. Even when there is ostensible convergence, much of it is convergence in form rather than substance, and governance convergence is not a context-free phenomenon. Theoretical Implications: Our review of the past literature suggests that increasing integration of product and capital markets is leading to changes in corporate governance around the world, but there is only limited evidence that such changes constitute convergence. Governance changes seem to be primarily attributable to the quest for greater efficiency in governance and enhanced legitimacy in capital markets. However, local forces such as institutional embeddedness and politics can hinder governance changes or create "hybrid" practices. Practical Implications: The ideal corporate governance may be institution- and firm-specific and an imposition of new practices or standards may not lead to intended policy or performance outcomes.

Notions of empire and imperialism have increasingly returned to the lexicon of mainstream theorisation of the international. Much of this literature identifies a 'new' imperialism, distinct from the supposed postand non-imperial global(ising) order of the Westphalian state system. The article contends that such accounts occlude our understanding of the 'long' history of imperialism. It argues that the putatively post-imperial institutions and discourses of 'global governance' are internally related to 'post-colonial' imperialism. In particular the regime of 'democratisation' and the curtailing of democratic freedom constitute a principal means through which imperial rule is articulated. Despite a vast literature on 'democratisation', there has been a paucity of analysis which interrogates the Great Power-defined agenda of democratisation. Mainstream accounts presuppose what requires explanation, taking for granted the non-imperial character of this global project, the hegemony of a specific and impoverished model of (neo)liberal democracy, highly problematic, de-historicised notions of state, society and self and the categorical separation of the 'domestic' and the 'international'. The article provides detailed substantive analysis of the endeavour by the dominant social agents of the democratisation project to constitute a (neo)liberal procedural notion of democracy in the 'post-colonial' world. It identifies the dominant social agents of this project and explores the theoretical underpinnings of the dominant model being propounded. Informed by this, the article examines the democratisation project according to coveted transformations in three domains: the minimal, 'neutral' state, the constitution of 'civil society' and the promotion of the liberal 'self'. The article contends that far from an alternative to imperialism, 'democratisation' involves the imposition of a Western (neo)liberal procedural form of democracy on imperialised peoples. The character of the 'informal' imperial order is such that self-determination does not mean autonomy. Rather it means the 'freedom' to embrace the rules, norms and principles of the emerging (neo)liberal global order.

"Vor dem Hintergrund der aktuellen Diskussion über die Managervergütung und die Vorstandshaftung betrachtet der Aufsatz den 2002 verabschiedeten und seither kontinuierlich weiterentwickelten Deutschen Corporate Governance Kodex (DCGK) als besonders interessantes Beispiel für freiwillige Regulierung. Dabei untersucht er die Regulierungsmuster, also die Art der Regulierung und ihre Verlinkung mit dem Gesetzesrecht, er fragt nach den Ursachen für die Verwendung freiwilliger (statt gesetzlicher) Regulierung, untersucht, inwiefern die Regelung tatsächlich im Schatten der Hierarchie oder des Marktes steht, und betrachtet schließlich den Erfolg der Regelung. Letztlich geht es auch darum, ob und wie der Staat in solchen Arrangements in Erscheinung tritt." (Autorenreferat)

The "new governance" envisions a network of so-called actors—sometimes organizations, sometimes individuals—which collaborate with each other to accomplish policy goals. But the ontology of this model has been largely unexplored. When examined, its objectivist assumptions obscure network dynamics and render mysterious whatever collaboration manages to occur. These assumptions, it is argued, are not logically or empirically necessary. An alternative ontology, grounded in phenomenology, opens democratic vistas that comport as well or better with empirical reality and provide much stronger support for democratic governance.

A comparative analysis of regional governance policies in China and the United States is presented from multiple perspectives, including jurisdictional structure, intergovernmental relationship, and performance outcomes. Policy reviews and case studies contrast how regional approaches may assist governments to learn seminal lessons from multinational experiences.

Can e‐governance fulfill the ideal of citizen‐centric government around the world? This comparative study examines Taiwan and the United States and offers PAR readers relevant management and policy lessons. The research utilizes a framework that captures the institutional, organizational, and technological drivers of e‐governance performance. The results indicate that the United States and Taiwan excel in different areas, but could improve in others and thereby learn from each other.