Firm Commitment: Why the Corporation Is Failing Us and How to Restore Trust in It by Colin Mayer
Author:Colin Mayer
Language: eng
Format: mobi
Tags: Macroeconomics, Psychology, Corporate & Business History, economics, General, Business Ethics, Corporate Governance, Business & Economics
ISBN: 9780199669936
Publisher: Oxford University Press
Published: 2013-02-14T16:56:44+00:00
III
WHAT WE SHOULD DO ABOUT IT
Chapter 8: Value and Values What we should be valuing in the corporation and the measures of it; shareholder value as an outcome not a goal, and its potential adverse effects on corporate and industrial performance; the relevance of the financial structure of corporations; the importance of dividends; limited liability as a restriction on shareholder commitment; the significance of incorporation and the separation of ownership and control for upholding corporate values; the benefits of diversity in corporate form and the way in which regulation can undermine this; the need for regulation in the context of systemic risks; longevity and the survival of the corporation as indicators of corporate success
OUP UNCORRECTED PROOF – FIRST PROOF, 27/9/2012, SPi
what we should do about it
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