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The Embedded Firm - Corporate Governance, Labor, and Finance Capitalism (Hardcover, New)
Loot Price: R3,482
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The Embedded Firm - Corporate Governance, Labor, and Finance Capitalism (Hardcover, New)
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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. The present
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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