American businesses today are obsessed with the price of their stock, and no wonder. The consequences of even a modest decrease can be so dire that some executives would rather damage their corporati
Mitchell explains why American businesses today are obsessed with the price of their stock. The author identifies the moment in American history when finance triumphed over industry, and shows how th
The study of corporate governance is a relatively modern development, with significant attention devoted to the subject only during the last fifty years. The topics covered in this volume include the
Corporations are often so focused on making short-term profits for their stockholders that they behave in ways that adversely affect their employees, the environment, consumers, American politics, and
This book provides a long-overdue vision for a new automobile era. The cars we drive today follow the same underlying design principles as the Model Ts of a hundred years ago and the tail-finned sedan
It is now generally recognized that corporations have ethical obligations that go beyond their legal responsibilities, and that these obligations are owed to a range of ’stakeholders’ other than their
