The Form of the Firm - A Normative Political Theory of the Corporation (Hardcover)

Contemporary discussions of the corporation tend to divide into one of two camps: On one side are scholars who treat the firm as a purely economic and contractual entity, while another set of scholars look at corporations in purely political terms. Therefore, the corporation is not merely an economic endeavor; it is a political institution and must therefore serve social ends and not merely profit. In The Form of the Firm, Abraham Singer contends that both of these approaches overstate their cases dramatically, resulting in two wrongheaded, influential accounts of the corporation. He offers a third way that sees the corporation as being both economic and political. First, it is true that corporations exist primarily to increase economic efficiency. However, they do this in ways that distinguish them from the markets in which they operate. Corporations are not natural outgrowths of the free market, but institutions that we have developed to correct market inefficiencies through mechanisms normally associated with politics. Corporations use social power, norms, and state-sanctioned authority to establish economic cooperation in ways that markets cannot. But, Singer argues that they also have an obligation to uphold the norms of liberal democracy that enable their existence and smooth-running in the first place. A profound rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of corporate governance, corporate law, and business ethics.

General

Imprint:	Oxford UniversityPress
Country of origin:	United States
Release date:	2019
Authors:	Abraham A. Singer (Visiting Assitant Professor of Ethics)
Dimensions:	243 x 164 x 28mm (L x W x T)
Format:	Hardcover
Pages:	312
ISBN-13:	978-0-19-069834-8
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Business & management > Business ethics Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > General
LSN:	0-19-069834-9
Barcode:	9780190698348

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!