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The Embedded Firm - Corporate Governance, Labor, and Finance Capitalism (Paperback)
Loot Price: R1,451
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The Embedded Firm - Corporate Governance, Labor, and Finance Capitalism (Paperback)
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The globalization of capital markets since the 1980s has been
accompanied by a vigorous debate over the convergence of corporate
governance standards around the world towards the shareholder
model. But even before the financial and economic crisis of
2008/2009, the dominance of the shareholder model was challenged
with regard to persisting divergences and national differences in
corporate law, labor law and industrial relations. This collection
explores this debate at an important crossroads, echoing Karl
Polanyi's famous observation in 1944 of the disembeddedness of the
market from society. Drawing on pertinent insights from scholars,
practitioners and regulators in corporate and labor law, securities
regulation as well as economic sociology and management theory, the
contributions shed important light on the empirical effects on the
economy of the shift to shareholder primacy, in light of a
comprehensive reconsideration of the global context, policy goals
and regulatory forms which characterize market governance today.
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