Globalization of small islands: the case of Curaçao

Abstract

PurposeThe purpose of this paper is to present a case study of Curaçao as a small island coping with globalization and to contribute to the development of a framework to discuss globalization and corporate governance.Design/methodology/approachThe paper starts to integrate three scenarios: globalization, the paradigmatic approach of corporate governance, and the categorization of organizations. This framework is then applied to the case of Curaçao.FindingsGlobalization of Curaçao involves the introduction of the Anglo‐American model of governance into several actors. This is a major change that the society finds difficult adapting to. A significant part of the population is at risk of being excluded.Originality/valueThe paper contributes to a multi‐paradigm approach to corporate governance, and in analyzing the globalization of small islands.