Heterarchial Networks for Global Corporations: Emerging Unstructured Complexity in Regulatory Landscape

Abstract

This brings in the wider questions dealt with in the chapter – Is globalisation then a product of material conditions of fundamental technical and economic change or is it collective construct of an artifact of the means we have preferred to arrange political and economic activity? The new reflexive, self-regulatory and horizontal spaces of governance are getting modelled following the logic of competitive market relations whereby multiple formally equal actors (acting or aspiring to act as sources of authority) consult, trade and compete over the deployment of various instruments of authority both intrinsically and in their relations with each other (Shamir, 2008). The chapter also looks into these messy and fluid intersections to situate the key actors at the heart of processes of ‘rearticulation’ and ‘recalibration’ of different modes of governance which operates through a somewhat fuzzy amalgamation of the terrain by corporates, state hierarchy and networks all calibrating and competing to pull off the finest probable’s in metagovernance landscape. Unambiguously, this chapter seeks to elaborate on an institutional-discursive conceptualization of governance while stitching in and out of the complex terrain a weave of governances for modern leviathan – the global corporates.

Citation

Oberoi, R. (2015), "Heterarchial Networks for Global Corporations: Emerging Unstructured Complexity in Regulatory Landscape", Sustainability After Rio (Developments in Corporate Governance and Responsibility, Vol. 8), Emerald Group Publishing Limited, pp. 187-219. https://doi.org/10.1108/S2043-052320150000008009

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