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Managers vs. Owners: The Struggle for Corporate Control in American Democracy (The ^ARuffin Series in Business Ethics) - Softcover

 
9780195098600: Managers vs. Owners: The Struggle for Corporate Control in American Democracy (The ^ARuffin Series in Business Ethics)

Synopsis

This book deals with a subject of profound importance to understanding the place of the modern corporation in a democratic society. This is the inherent conflicts between the interest of corporate owners (the shareholders), the interest of the larger society, and the interest of the managers who run the corporations. Managers have created a shared professional ideology that is designed to preserve their autonomy. To protect itself from unbridled corporate power, government has enacted a myriad regulations to check this power. In Managers vs. Owners, the authors describe how, in different eras the balance between corporate power and government regulation has changed with the interests of society as a whole. The authors conclude by looking at the impact of collective investor action--especially institutional investors--on the efforts by managers to preserve their autonomy.

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About the Author


Allen Kaufman is Chairman and Professor of Management at the Whittemore School of Business and Economics, University of New Hampshire. Larry Zacharias is Associate Professor of Law, Policy and Organization at the School of Management, University of Massachusetts-Amherst. Marvin Karson is Professor of Statistics at the Whittemore School of Business and Economics, University of New Hampshire.

Review


"This book offers a rich mixture of information and insights on many different aspects of corporate governance; it is a pleasure to read."--Journal of Economic Literature


"..."[The book] addresses an important topic in a thought-provoking manner."--The Annals of the American Academy


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  • PublisherOxford University Press
  • Publication date1995
  • ISBN 10 0195098609
  • ISBN 13 9780195098600
  • BindingPaperback
  • Edition number1
  • Number of pages288

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9780195088175: Managers vs. Owners: The Struggle for Corporate Control in American Democracy (The ^ARuffin Series in Business Ethics)

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