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The Embedded Firm
Corporate Governance, Labor, and Finance Capitalism
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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. The present 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.
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Cambridge University Press; July 2011
496 pages; ISBN 9781139097659
Read online, or download in EPUB or secure PDF format
496 pages; ISBN 9781139097659
Read online, or download in EPUB or secure PDF format
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ISBNs
1139098314
9781107006010
9781139097659
9781139098311
9781139102292

