Excerpt from Term Paper:

...... This is likely to change the way markets are governed and the roles of governments and corporate governance alike. Corporate governance will seek to maximize b3enefits by enhancing this flow of both capital and production methods and by accelerating all of these processes. The system developing is an open, global system, a move away from the closed, national system, and this is thought to change who bears the risk. This requires that corporate governance realize this fact and take it into account, being weaned way from the protections afforded by the closed national system they are accustomed to and toward the open, global system that is coming no matter what they might think about it. This opens many new possibilities because there is no state mechanism standing between the participant and the global market, but it also creates challenges because the participant must think through all the possibilities and will not have the security net of the past or the ability to blame a different entity for what happens
Such an image of the global economy fits well with an Internet-based business like Google. The Internet is a truly global marketplace, able to operate around the world without the

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