**Meet the editor**

Dr. George Y. Wang is a tenured Professor of Business and Economics in the Faculty of International Liberal Arts, Soka University, California, USA. He also serves as an adjunct professor at several institutions in Japan, including Chuo University, Hosei University, and Gakushuin University. Dr. Wang mainly teaches business (e.g., International Business and Marketing) and eco-

nomics (Financial Economics and Macroeconomics) courses. Prior to his working as a highly skilled professional in Japan, he worked as a faculty member at the University of Colorado, Denver, USA, and the National Kaohsiung University of Science and Technology, Taiwan. He received his PhD in Finance and Economics from the Imperial College London, UK, and his MBA in Finance and Management Information System (MIS) from the University of Connecticut, USA.

Dr. Wang's main research areas are investment appraisal, corporate finance, and corporate social responsibility (CSR). He has several research publications in international journals indexed in SCImago, EI, EconLit, SCOPUS, Taiwanese CSSCI (TSSCI), and Chinese SSCI (CSSCI). His recent research papers include a paper investigating the relationship between political connections and risk-taking behavior, published in *Frontiers of Economics in China* (indexed in SCOPUS, EconLit, ESCI, and CSSCI) and a paper on CSR as growth strategy, published in *Annals of the Japan Society for the Study of Business Administration* (indexed in Japan National Library Index).

Dr. Wang has also received several government research grants, including two in Japan, four in Taiwan, and one in the United States. His current research project, sponsored by Japan Society for Promotion of Science (JSPS), aims to investigate the relationship between CSR, sustainability reporting, and corporate financial performance.

Dr. Wang also has extensive university experience in administrative and community services. He served as Academic Director of China Program, University of Colorado, Denver, USA. He was also Director of International Affairs and Director of Continuing Education while serving at the National Kaohsiung University of Science and Technology, Taiwan. Prior to his commitment to higher education, he has taken several positions in industry, such as financial director at a public-listed manufacturing firm, vice general manager at a consulting firm, and investment analyst at a public-listed insurance company.

Contents

**Preface VII**

Irina Boiko

Fumihide Takeuchi

**Section 2 Global Business Strategies 43**

**Globalization Context 71**

**Global Perspective 89**

**Ramatex Case 91**

Stepfanus Erwee

Federico Ast

**Periphery 45** Grietjie Verhoef

**Section 1 International Economics and Globalization 1**

Chapter 1 **Technological Reconstruction of the Global Economy 3**

Chapter 2 **The Declining Labor Income Shares Revisited: Intersectoral Production Linkage in Global Value Chains 23**

Chapter 3 **Latecomer Challenge: African Multinationals from the**

Chapter 4 **The Need to Develop a Corporate Culture of Innovation in a**

**Section 3 Business Ethics and Corporate Social Responsibility from a**

Chapter 5 **Ethics and Globalisation: A Namibian Perspective -**

Chapter 6 **The Moral Dilemmas of Global Business 103**

José Moleiro Martins, António Abreu and João Calado

Wilfred Isak April, Daniel Ileni Itenge, David Namalenga and Petrus
