A new corporate scandal seems to break every day. And not just in
America: Canada has its Nortel, Bre-X, Livent, and Hollinger. In
this book, Allan Hutchinson insists that a lasting solution to
these ills requires more than a rooting out of particular
miscreants. We must address the larger organizational structures
and culture within which such roguery thrives. What currently
passes as "good corporate governance" is a large part of the
problem. Hutchinson argues that if we want good corporate citizens,
then we must seek a sea change in how we think about corporations,
how we constitute them, how we regulate them, and what we expect of
them. In light of the enormous power and presence of corporations
in Canadian society, there are few more pressing or important items
on the contemporary political and social agenda.
"The Companies We Keep" offers an original and provocative
challenge to turn corporations into civic sites for democratic
advancement. The whole notion of "governance" implies a public and
accountable aspect to the dealings of corporations which recognizes
continued wealth creation as well as greater popular
participation.
The book situates the existence and activities of large
corporations within a more encompassing social, political, and
economic context. As well as offering a wide-ranging, comparative,
and analytical examination of present governance structures, it
offers a series of practical, focussed, and precise recommendations
for reform. In short, this book is intended to be as much a
detailed contribution to public policy and law reform as it is
intended to be a general political and economic critique.
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