Author: Henry G. Manne
Publisher:
ISBN: 9780865977693
Category : Corporate governance
Languages : en
Pages : 0
Get Book Here
Book Description
"Professor Henry G. Manne is one of the founding scholars of the influential discipline of law and economics, as well as founder of the Law and Economics Center at George Mason University and dean emeritus of the George Mason School of Law. Among the first to apply economic analysis to concepts of corporations and corporate law, Manne developed a comprehensive theory of the modern corporation that has provided a framework for legal, economic, and financial analysis of the corporate firm for more than forty years. The works in this three-volume collection, selected by Professor Fred S. McChesney of the Northwestern University School of Law and introduced by leading academics in the field, span nearly half a century of Manne scholarship. Each volume covers a different aspect of Henry Manne's large body of scholarly works. Volume 1, The Economics of Corporations and Corporate Law, includes Manne's seminal writings on corporate law and economics. Manne's theory of the market for corporation control revolutionized thinking about the nature of corporations and the shareholder-corporation relationship. Challenging the accepted wisdom of his time, Manne insisted that market forces could help constrain corporate managers to act in shareholders' interests. Volume 2, Insider Trading, gives not only a retrospective on Manne's innovative contributions to insider trading but also a context for understanding the complex world of corporate law and securities regulation. Manne's proposal to deregulate insider trading shocked the academy and forced a reevaluation of long-held views on the subject. The works included here, which range from scholarly papers to newspaper columns, span forty years and demonstrate the evolution of his understanding of insider trading. Volume 3, Liberty and Freedom in the Economic Ordering of Society, explores Manne's philosophy on corporate social responsibility in modern society and his views on corporate philanthropy. This volume also contains works on the regulation of capital markets and securities offerings; the role of the law school in the modern university; and the relationships between law, regulation, and the free market." -- Back cover.
Author: Henry G. Manne
Publisher:
ISBN: 9780865977648
Category : Business & Economics
Languages : en
Pages : 0
Get Book Here
Book Description
"Professor Henry G. Manne is one of the founding scholars of the influential discipline of law and economics, as well as founder of the Law and Economics Center at George Mason University and dean emeritus of the George Mason School of Law. Among the first to apply economic analysis to concepts of corporations and corporate law, Manne developed a comprehensive theory of the modern corporation that has provided a framework for legal, economic, and financial analysis of the corporate firm for more than forty years. The works in this three-volume collection, selected by Professor Fred S. McChesney of the Northwestern University School of Law and introduced by leading academics in the field, span nearly half a century of Manne scholarship. Each volume covers a different aspect of Henry Manne's large body of scholarly works. Volume 1, The Economics of Corporations and Corporate Law, includes Manne's seminal writings on corporate law and economics. Manne's theory of the market for corporation control revolutionized thinking about the nature of corporations and the shareholder-corporation relationship. Challenging the accepted wisdom of his time, Manne insisted that market forces could help constrain corporate managers to act in shareholders' interests. Volume 2, Insider Trading, gives not only a retrospective on Manne's innovative contributions to insider trading but also a context for understanding the complex world of corporate law and securities regulation. Manne's proposal to deregulate insider trading shocked the academy and forced a reevaluation of long-held views on the subject. The works included here, which range from scholarly papers to newspaper columns, span forty years and demonstrate the evolution of his understanding of insider trading. Volume 3, Liberty and Freedom in the Economic Ordering of Society, explores Manne's philosophy on corporate social responsibility in modern society and his views on corporate philanthropy. This volume also contains works on the regulation of capital markets and securities offerings; the role of the law school in the modern university; and the relationships between law, regulation, and the free market." -- Back cover.
Author: Henry G. Manne
Publisher:
ISBN: 9780865977631
Category : Business & Economics
Languages : en
Pages : 0
Get Book Here
Book Description
"Professor Henry G. Manne is one of the founding scholars of the influential discipline of law and economics, as well as founder of the Law and Economics Center at George Mason University and dean emeritus of the George Mason School of Law. Among the first to apply economic analysis to concepts of corporations and corporate law, Manne developed a comprehensive theory of the modern corporation that has provided a framework for legal, economic, and financial analysis of the corporate firm for more than forty years. The works in this three-volume collection, selected by Professor Fred S. McChesney of the Northwestern University School of Law and introduced by leading academics in the field, span nearly half a century of Manne scholarship. Each volume covers a different aspect of Henry Manne's large body of scholarly works. Volume 1, The Economics of Corporations and Corporate Law, includes Manne's seminal writings on corporate law and economics. Manne's theory of the market for corporation control revolutionized thinking about the nature of corporations and the shareholder-corporation relationship. Challenging the accepted wisdom of his time, Manne insisted that market forces could help constrain corporate managers to act in shareholders' interests. Volume 2, Insider Trading, gives not only a retrospective on Manne's innovative contributions to insider trading but also a context for understanding the complex world of corporate law and securities regulation. Manne's proposal to deregulate insider trading shocked the academy and forced a reevaluation of long-held views on the subject. The works included here, which range from scholarly papers to newspaper columns, span forty years and demonstrate the evolution of his understanding of insider trading. Volume 3, Liberty and Freedom in the Economic Ordering of Society, explores Manne's philosophy on corporate social responsibility in modern society and his views on corporate philanthropy. This volume also contains works on the regulation of capital markets and securities offerings; the role of the law school in the modern university; and the relationships between law, regulation, and the free market." -- Back cover.
Author: Henry G. Manne
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
Get Book Here
Book Description
Author: Kyle Edward Williams
Publisher: W. W. Norton & Company
ISBN: 0393867242
Category : Business & Economics
Languages : en
Pages : 190
Get Book Here
Book Description
The untold story of how efforts to hold big business accountable changed American capitalism. Recent controversies around environmental, social, and governance (ESG) investing and “woke capital” evoke an old idea: the Progressive Era vision of a socially responsible corporation. By midcentury, the notion that big business should benefit society was a consensus view. But as Kyle Edward Williams’s brilliant history, Taming the Octopus, shows, the tools forged by New Deal liberals to hold business leaders accountable, such as the Securities and Exchange Commission, narrowly focused on the financial interests of shareholders. This inadvertently laid the groundwork for a set of fringe views to become dominant: that market forces should rule every facet of society. Along the way, American capitalism itself was reshaped, stripping businesses to their profit-making core. In this vivid and surprising history, we meet activists, investors, executives, and workers who fought over a simple question: Is the role of the corporation to deliver profits to shareholders, or something more? On one side were “business statesmen” who believed corporate largess could solve social problems. On the other were libertarian intellectuals such as Milton Friedman and his oft-forgotten contemporary, Henry Manne, whose theories justified the ruthless tactics of a growing class of corporate raiders. But Williams reveals that before the “activist investor” emerged as a capitalist archetype, Civil Rights groups used a similar playbook for different ends, buying shares to change a company from within. As a rising tide of activists pushed corporations to account for societal harms from napalm to environmental pollution to inequitable hiring, a new idea emerged: that managers could maximize value for society while still turning a maximal profit. This elusive ideal, “stakeholder capitalism,” still dominates our headlines today. Williams’s necessary history equips us to reconsider democracy’s tangled relationship with capitalism.
Author: Yuwa Wei
Publisher: Routledge
ISBN: 1317058119
Category : Law
Languages : en
Pages : 310
Get Book Here
Book Description
This book explores the rationalities and functions of securities markets and takeover activities. Focusing on the Chinese experience of utilizing the securities market as an effective mechanism of corporate control, this volume analyses the future development of China's financial market in the era of economic globalization. Providing an overview of the historical development of the securities market and a literature review of the economic functions of stock markets, Securities Markets and Corporate Governance also examines the legal regimes governing securities markets and takeovers in some leading corporate economies including the US, Germany, Japan and the UK. This volume then focuses on the Chinese experience, proposing a model which balances internal corporate governance and external market control for China.
Author: M. W. Lau
Publisher: Oxford University Press
ISBN: 0199602409
Category : Business & Economics
Languages : en
Pages : 230
Get Book Here
Book Description
Providing an economic account of why trusts exist and how trust law should be shaped, this book explains the economic benefits of trusts as an extension of the law of property, arguing against accounts of trusts law grounded in the law of personal obligations. The theoretical model is then used to criticise recent developments in the law.
Author:
Publisher:
ISBN:
Category : Catalogs, Union
Languages : en
Pages : 1032
Get Book Here
Book Description
Includes entries for maps and atlases.
Author: Gerald F. Davis
Publisher: Berrett-Koehler Publishers
ISBN: 1626562814
Category : Business & Economics
Languages : en
Pages : 285
Get Book Here
Book Description
It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we've seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders). Gerald Davis argues this is a root cause of the income inequality and social instability we face today. Corporations were once an integral part of building the middle class. He points out that in their heyday they offered millions of people lifetime employment, a stable career path, health insurance, and retirement pensions. They were like small private welfare states. The businesses that are replacing them will not fill the same role. For one thing, they employ far fewer people—the combined global workforces of Facebook, Yelp, Zynga, LinkedIn, Zillow, Tableau, Zulily, and Box are smaller than the number of people who lost their jobs when Circuit City was liquidated in 2009. And in the “sharing economy,” companies have no obligation to most of the people who work for them—at the end of 2014 Uber had over 160,000 “driver-partners” in the United States but recognized only about 2,000 people as actual employees. Davis tracks the rise of the large American corporation and the economic, social, and technological developments that have led to its decline. The future could see either increasing economic polarization, as careers turn into jobs and jobs turn into tasks, or a more democratic economy built from the grass roots. It's up to us.
Author: Milton Friedman
Publisher: University of Virginia Press
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 352
Get Book Here
Book Description
