Marina Cattaruzza
- Published in print:
- 2001
- Published Online:
- June 2013
- ISBN:
- 9780853234357
- eISBN:
- 9781846313837
- Item type:
- chapter
- Publisher:
- Liverpool University Press
- DOI:
- 10.5949/liverpool/9780853234357.003.0006
- Subject:
- History, British and Irish Modern History
This chapter, which examines the history of economic change and change in population dynamics in Trieste during the period from 1850 to 1914, explains that natural population growth remained within ...
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This chapter, which examines the history of economic change and change in population dynamics in Trieste during the period from 1850 to 1914, explains that natural population growth remained within normal limits during this period and that it was in-migration from the rural hinterland which significantly influenced demographic growth. It also discusses the negative impact of employment instability on the living conditions of the working classes and their families, describes the sanitary condition of the town, and mentions that Trieste was one of the unhealthiest towns of the Hapsburg Monarchy in the pre-1914 period.Less
This chapter, which examines the history of economic change and change in population dynamics in Trieste during the period from 1850 to 1914, explains that natural population growth remained within normal limits during this period and that it was in-migration from the rural hinterland which significantly influenced demographic growth. It also discusses the negative impact of employment instability on the living conditions of the working classes and their families, describes the sanitary condition of the town, and mentions that Trieste was one of the unhealthiest towns of the Hapsburg Monarchy in the pre-1914 period.
William Lazonick and Jang-Sup Shin
- Published in print:
- 2019
- Published Online:
- January 2020
- ISBN:
- 9780198846772
- eISBN:
- 9780191881770
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198846772.001.0001
- Subject:
- Business and Management, Corporate Governance and Accountability
This book explains how an ideology of corporate resource allocation known as “maximizing shareholder value” (MSV), that emerged in the 1980s and came to dominate strategic thinking in business ...
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This book explains how an ideology of corporate resource allocation known as “maximizing shareholder value” (MSV), that emerged in the 1980s and came to dominate strategic thinking in business schools and corporate boardrooms, undermined the social foundations of sustainable prosperity, resulting in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity in the United States, it focuses on the growing imbalance between value creation and value extraction that reached to the extent of “predatory value extraction.” Based on “The Theory of Innovative Enterprise,” the book analyzes the value extracting mechanism by “value-extracting insiders,” i.e. corporate executives, “value-extracting enablers,” i.e. institutional investors, and “value-extracting outsiders,” i.e. hedge-fund activists. It concludes with policy suggestions to rebuild the U.S. corporate-governance regime for combating predatory value extraction and restoring sustainable prosperity.Less
This book explains how an ideology of corporate resource allocation known as “maximizing shareholder value” (MSV), that emerged in the 1980s and came to dominate strategic thinking in business schools and corporate boardrooms, undermined the social foundations of sustainable prosperity, resulting in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity in the United States, it focuses on the growing imbalance between value creation and value extraction that reached to the extent of “predatory value extraction.” Based on “The Theory of Innovative Enterprise,” the book analyzes the value extracting mechanism by “value-extracting insiders,” i.e. corporate executives, “value-extracting enablers,” i.e. institutional investors, and “value-extracting outsiders,” i.e. hedge-fund activists. It concludes with policy suggestions to rebuild the U.S. corporate-governance regime for combating predatory value extraction and restoring sustainable prosperity.
