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Technology And Corporate Governance — Lessons Learnt

Author

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  • FREDERICK BETZ

    (University of Maryland University College, USA)

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.

Suggested Citation

  • Frederick Betz, 2004. "Technology And Corporate Governance — Lessons Learnt," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 115-126.
  • Handle: RePEc:wsi:ijitmx:v:01:y:2004:i:01:n:s0219877004000088
    DOI: 10.1142/S0219877004000088
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