Transnational Production, Global Wealth Chains and Emerging Market Economies

Description

We invite candidates to explore links between the shareholder value paradigm in corporate governance and global wealth chains. The shareholder value paradigm is associated with unrealisable expectations on rates of return and thus management strategies of “downsize and distribute” to lighten balance sheets and free up capital to distribute to shareholders. To compensate for the decline in longterm investment while at the same time free up funds to distribute wealth to shareholders, there has been a trend among transnational corporations to offshore production to “low cost” spaces. This paradigm is also associated with strategies to financialise activities and optimise taxation.

We are particularly interested in candidates focusing on core-periphery relations in global wealth chains.

This opportunity will remain open until a suitable candidate has been found.

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