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Good Company

- Economic Policy after Shareholder Primacy
Engelsk Paperback

Good Company

- Economic Policy after Shareholder Primacy
Engelsk Paperback

277 kr
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Om denne bog
On the faulty intellectual origins of shareholder primacy—and how policy can win back what’s been lost. In an era of shareholder primacy, share price is king. Businesses operate with short-term goals to deliver profits to shareholders, enjoying stability (and bonuses) in the process. While the public bemoans the doctrine for its insularity and wealth-consolidating effects, its influence over corporate governance persists. Good Company offers an exacting argument for why shareholder primacy was never the right model to follow for truly understanding how corporations operate. Lenore Palladino shows that corporations draw power from public charters—agreements that allow corporations to enjoy all manner of operational benefits. In return, companies are meant to innovate for the betterment of the societies that support them. However, that debt—increasingly wielded for stock buybacks and shareholder bonuses—is not being repaid. Palladino theorizes a modern corporation that plays its intended role while delivering social and economic good in the process and offers tangible policy solutions to make this a reality. Good Company is both an expert introduction to the political economy of the firm—as it was, as it is, as it can be—and a calibrating examination of how public policy can shape companies, and societies, for the better.
Product detaljer
Sprog:
Engelsk
Sider:
224
ISBN-13:
9780226836508
Indbinding:
Paperback
Udgave:
ISBN-10:
0226836509
Kategori:
Udg. Dato:
28 nov 2024
Længde:
13mm
Bredde:
153mm
Højde:
229mm
Forlag:
The University of Chicago Press
Oplagsdato:
28 nov 2024
Forfatter(e):
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