Enterprise and Community New Directions in Corporate Governance
- List Price: $35.95
- Binding: Paperback
- Publisher: Blackwell Pub
- Publish date: 06/01/1997
Description:
Corporate governance is no longer just concerned with the accountability of directors and senior managers to shareholders: the stakeholder' debate recognizes that corporate decision-making increasingly affects a wider range of groups. Since notions of corporate responsibility and ethics are closely bound up with the legal framework within which companies operate, the reform of corporate law is high on the policy agenda.
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Enterprise and Community draws on the work of lawyers, economists and management scientists from several countries. It addresses the implications for the productive efficiency of the firm of a system of company law which maximizes the incidence and scale of hostile takeovers, the justification of the compensation and job security packages of top executives on the grounds of equity and efficiency, and the role of employees and long term stockholders in determining the firm's ownership and strategic direction. Extensive use is made of interdisciplinary and comparative analyses.
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