Firm Commitment: Why the Corporation is Failing Us and how to Restore Trust in itOUP Oxford, 14 févr. 2013 - 306 pages The corporation is one of the most important and remarkable institutions in the world. It affects all our lives continuously. It feeds, entertains, houses and, employs us. It generates vast amounts of revenue for those who own it and it invests a substantial proportion of the wealth that we possess. But the corporation is also the cause of immense problems and suffering, a source of poverty and pollution, and its failures are increasing. How is the corporation failing us? Why is it happening? What should we do to restore trust in it? While governments are subject to repeated questioning and scrutiny, the corporation receives relatively little attention. Firm Commitment provides a lucid and insightful account of the role of the corporation in modern society and explains why its problems are growing. It gives a fresh perspective on the crises in financial markets, developing countries, and the environment. Based on decades of analysis and research, it describes a new approach to thinking about the firm which not only stops it destroying us but turns it into the means of protecting our environment, addressing social problems, and creating new sources of entrepreneurship and innovation. It sets out an agenda for converting the corporation into a twenty-first century organization that we will value and trust. It takes you on a journey that starts in the Galapagos, ends in Ancient Egypt, and in the process brings you to a new level of appreciation of the economic world we inhabit. |
Table des matières
Introduction | 1 |
I HOW THE CORPORATION IS FAILING US | 13 |
II WHY IT IS HAPPENING | 69 |
III WHAT WE SHOULD DO ABOUT IT | 155 |
Concepts Conclusions and Consequences | 257 |
In Trust Firms | 264 |
Notes | 270 |
Further Reading | 291 |
299 | |
About the Author | 305 |
Autres éditions - Tout afficher
Firm Commitment: Why the corporation is failing us and how to restore trust ... Colin Mayer Aucun aperçu disponible - 2013 |
Firm Commitment: Why the Corporation is Failing Us and how to Restore Trust ... Colin P. Mayer Aucun aperçu disponible - 2014 |
Expressions et termes fréquents
able acquisitions activities Air Products Airgas Andrei Shleifer assets ation Bank of England banks benefit Berle board of trustees Britain British Cadbury Cambridge cent century Chapter Colin Mayer colinmayer plc commitment and control companies company’s consequence contracts corporate control corporate finance Corporate Governance corporation’s costs countries created creditors customers debt directors dispersed ownership dividends earnings employees enterprises example executive failure family firms financial crisis Financial Economics financial systems firm’s future Galapagos hedge fund holders hostile takeovers ICFC incentives industry institutions interests investment investors Jeremy Edwards Journal of Financial Julian Franks Kraft limited liability London long-term market for corporate ment organization owners Parmalat parties performance potential principle problem promote protection regulation reputation response risk Roger Carr sector share price shareholder value short-term stakeholders stock market structure tion trade trillion trust firm University Press uphold venture capital