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The Embedded Firm : Corporate Governance, Labor, and Finance Capitalism by Cynthia A. Williams; Peer Zumbansen is a book available to read on EtoBox.

What is The Embedded Firm : Corporate Governance, Labor, and Finance Capitalism about?

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.

Author

Cynthia A. Williams; Peer Zumbansen

Publisher

Cambridge, UK ; New York: Cambridge University Press

Published

2011

Language

EN

ISBN

9781139101035

Subjects

Business, Economics, Management