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Reconstructing the Corporation

Reconstructing the Corporation

by Grant M. Hayden and Matthew T. Bodie
Paperback
Publication Date: 22/04/2021
  $73.75
Modern corporations contribute to a wide range of contemporary problems, including income inequality, global warming, and the influence of money in politics. Their relentless pursuit of profits, though, is the natural outcome of the doctrine of shareholder primacy. As the consensus around this doctrine crumbles, it has become increasingly clear that the prerogatives of corporate governance have been improperly limited to shareholders. It is time to examine shareholder primacy and its attendant governance features anew, and reorient the literature around the basic purpose of corporations. This book critically examines the current state of corporate governance law and provides decisive rebuttals to longstanding arguments for the exclusive shareholder franchise. Reconstructing the Corporation presents a new model of corporate governance - one that builds on the theory of the firm as well as a novel theory of democratic participation - to support the extension of the corporate franchise to employees.
ISBN:
9781316502914
9781316502914
Category:
Company
Format:
Paperback
Publication Date:
22-04-2021
Language:
English
Publisher:
Cambridge University Press
Country of origin:
United States
Dimensions (mm):
228x151x14mm
Weight:
0.41kg

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