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Corporate Governance Adrift - 05 edition

Corporate Governance Adrift (ISBN10: 184542137X; ISBN13: 9781845421373)
ISBN13: 978-1845421373
ISBN10: 184542137X

Summary: ''This book by Michel Aglietta and Antoine Reberioux argues that capitalism's basic premise - that companies must be managed in the sole interest of their shareholders - is incongruent with the current environment of liquid markets, profit-hungry investors and chronic financial instability. The authors advocate rather that a company should be managed as an institution where common objectives are developed for all stakeholders, and that this democratic principle should be extended to
the management of collective savings to reduce macro-financial instability. These two conditions, they contend, could make contemporary capitalism a vehicle for social progress.'' ''This volume will be required reading for all scholars and researchers of industrial organization and strategy of the firm, finance and corporate governance. Policymakers, financial commentators and those involved in business will also find this book of great interest and value.''--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
...show more
Summary: ''This book by Michel Aglietta and Antoine Reberioux argues that capitalism's basic premise - that companies must be managed in the sole interest of their shareholders - is incongruent with the current environment of liquid markets, profit-hungry investors and chronic financial instability. The authors advocate rather that a company should be managed as an institution where common objectives are developed for all stakeholders, and that this democratic principle should be extended to the management of collective savings to reduce macro-financial instability. These two conditions, they contend, could make contemporary capitalism a vehicle for social progress.'' ''This volume will be required reading for all scholars and researchers of industrial organization and strategy of the firm, finance and corporate governance. Policymakers, financial commentators and those involved in business will also find this book of great interest and value.''--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved ...show less

Edition/Copyright: 05
Cover: Hardback
Publisher: MISC PUBS
Year Published: 2005
International: No



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