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Fixing the Corporation: A Management or a Governance Issue?

Ciaran Driver (ed.)

in Corporate Governance in Contention

Published in print:
2018
Published Online:
July 2018
ISBN:
9780198805274
eISBN:
9780191843402
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198805274.003.0011
Subject:
Business and Management, Corporate Governance and Accountability, Finance, Accounting, and Banking

In this chapter I first review the current state of play in corporate governance debates, highlighting challenges to the dominant agency view. Following a critique of the economic reasoning ... More


The Modern Business Corporation

Ronald J. Colombo

in The First Amendment and the Business Corporation

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199335671
eISBN:
9780199361915
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199335671.003.0003
Subject:
Law, Constitutional and Administrative Law, Company and Commercial Law

Chapter 2 considers whether the business corporation can fairly be considered an association. It recounts the history of the corporation, from its ancient predecessors to its modern manifestations. ... More


The Uses and Abuses of Agency Theory

Joseph Heath

in Morality, Competition, and the Firm: The Market Failures Approach to Business Ethics

Published in print:
2014
Published Online:
May 2015
ISBN:
9780199990481
eISBN:
9780190267704
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199990481.003.0011
Subject:
Philosophy, Moral Philosophy

This chapter discusses the agency theory which explains the relationship between the principals and agents in a business, and considers the theory's function in determining with greater precision the ... More


The ‘witchcraft’ and ‘institutional truths’ of 21st century neoclassical belief

Gordon Pearson

in Remaking the Real Economy: Escaping Destruction by Organised Money

Published in print:
2020
Published Online:
May 2021
ISBN:
9781447356585
eISBN:
9781447356622
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781447356585.003.0001
Subject:
Business and Management, Business Ethics and Corporate Social Responsibility

The title refers to Ruskin and Galbraith critiques of neoclassical profit maximising economic modelling. The chapter explains understanding from observed reality which provides the simple truth ... More


How Insiders Abuse the Idea of Corporate Personality

Ian Maitland

in The Moral Responsibility of Firms

Published in print:
2017
Published Online:
April 2017
ISBN:
9780198738534
eISBN:
9780191801808
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198738534.003.0007
Subject:
Business and Management, Corporate Governance and Accountability

This chapter examines the practice of attributing moral and legal responsibility to corporations and its potential for abuse in three different contexts. First, the author describes how the concept ... More


Shareholders and Takeover Bids: Revisiting the Poison Pill

Anita Indira Anand

in Shareholder-driven Corporate Governance

Published in print:
2019
Published Online:
April 2021
ISBN:
9780190096533
eISBN:
9780190096564
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190096533.003.0006
Subject:
Law, Legal Profession and Ethics

This chapter assesses change-of-control transactions and the use of the defensive tactic known as the poison pill, a governance tool that often puts boards, rather than shareholders, in charge of a ... More


Corporate Stakeholders

John N. Drobak

in Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths

Published in print:
2021
Published Online:
June 2021
ISBN:
9780197578957
eISBN:
9780197578988
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197578957.003.0005
Subject:
Law, Competition Law

Chapter 5 echoes the growing sentiment that corporations need to take into account other interests besides that of their shareholders. It traces the origins of the idea that corporations exist solely ... More


Introduction

John N. Drobak

in Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths

Published in print:
2021
Published Online:
June 2021
ISBN:
9780197578957
eISBN:
9780197578988
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197578957.003.0001
Subject:
Law, Competition Law

Chapter 1 explains that this book examines two economic “principles,” or beliefs, that have shaped the perception of the economic system in the United States today: (1) the belief that the U.S. ... More


Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths

John N. Drobak

Published in print:
2021
Published Online:
June 2021
ISBN:
9780197578957
eISBN:
9780197578988
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197578957.001.0001
Subject:
Law, Competition Law

Rethinking Market Regulation: Helping Labor by Overcoming Economic Myths tackles the plight of workers who lose their jobs from mergers and outsourcing by examining two economic “principles,” or ... More


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