TECHNOLOGY AND CORPORATE GOVERNANCE — LESSONS LEARNT

Frederick Betz ()
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Frederick Betz: University of Maryland University College, USA

International Journal of Innovation and Technology Management (IJITM), 2004, vol. 01, issue 01, 115-126

Abstract: The commercial benefits of technological change arise only from the proper convergence of several factors — corporate governance, financial markets, tax policy, and technological innovation. We explore a case in the United States in the 1990s when these factors were improperly handled and created a financial bubble without economic advance. There must be together — a proper business climate, proper tax laws, proper corporate governance, proper investment in innovation, and proper science & technology infrastructures. Distortion of these factors fosters not economic growth but corporate fraud.

Keywords: Technology; innovation; governance; fraud (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1142/S0219877004000088

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