Skip to content
Register Sign in Wishlist

The Embedded Firm
Corporate Governance, Labor, and Finance Capitalism

£49.99

Cynthia Williams, Peer Zumbansen, Simon Deakin, Lawrence E. Mitchell, Dalia Tsuk Mitchell, William T. Allen, Fenner Stewart, Stephen F. Diamond, Simon Archer, Janis Sarra, Blanaid Clarke, Ruth V. Aguilera, Sanford M. Jacoby, Suzanne Konzelmann, Frank Wilkinson, John Evans, Harry W. Arthurs, Claire Mummé, Frank Jan De Graaf, William Lazonick, Mary Condon, Keith Johnson
View all contributors
  • Date Published: November 2012
  • availability: Available
  • format: Paperback
  • isbn: 9781107411685

£ 49.99
Paperback

Add to cart Add to wishlist

Other available formats:
Hardback, eBook


Looking for an inspection copy?

This title is not currently available on inspection

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • 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.

    • Provides an interdisciplinary perspective on the financial crisis, corporate governance, securities regulation and labor law
    • Gives readers a balanced and comprehensive understanding of market regulation and corporate governance
    • Contributors are world-renowned experts who draw on their vast theoretical knowledge as well as their policy experience to explore the future of market regulation
    Read more

    Reviews & endorsements

    Review of the hardback: 'This collection of essays by leading international scholars offers fresh perspectives on the impact of the global transformation of operating conditions on the change in the relationship between companies and employees, and the pressures on corporations to adopt new strategies and governance practices. This book should be of great interest to lawmakers, practitioners and scholars seeking to understand the dynamics of business and financial regulation in Europe and the US.' Joseph McCahery, Tilburg University Law School

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: November 2012
    • format: Paperback
    • isbn: 9781107411685
    • length: 498 pages
    • dimensions: 229 x 152 x 25 mm
    • weight: 0.66kg
    • availability: Available
  • Table of Contents

    List of figures
    List of tables
    1. Introduction: corporate governance after the 'end of history': investigating the new 'Great Transformation' Cynthia Williams and Peer Zumbansen
    Part I. Historical Trajectories of Business and Regulation:
    2. Corporate governance and financial crisis in the long run Simon Deakin
    3. Financialism: a (very) brief history Lawrence E. Mitchell
    4. Legitimating power: the changing status of the board of directors Dalia Tsuk Mitchell
    5. Engaging corporate boards: the limits of liability rules in modern corporate governance William T. Allen
    6. The primacy of Delaware and the embeddedness of the firm Fenner Stewart
    7. The new embeddedness of the corporation: corporate social responsibility in the knowledge society Peer Zumbansen
    Part II. New Interests, New Shareholder Constellations, New Landscapes:
    8. Beyond the Berle and Means paradigm: private equity and the new capitalist order Stephen F. Diamond
    9. Pension funds as owners and as financial intermediaries: a review of recent Canadian experience Simon Archer
    10. Credit derivatives market design: creating fairness and sustainability Janis Sarra
    11. The EU Takeovers Directive: a shareholder or stakeholder model? Blanaid Clarke
    12. 'Law and finance': inaccurate, incomplete and important Ruth V. Aguilera and Cynthia A. Williams
    Part III. Labor's Evolution in the Economy:
    13. Labor and finance in the United States Sanford M. Jacoby
    14. The conflicting logic of markets and the management of production Suzanne Konzelmann and Frank Wilkinson
    15. Organising workers globally - the need for public policy to regulate investment John Evans
    16. From governance to political economy: insights from a study of relations between corporations and workers Harry W. Arthurs and Claire Mummé
    Part IV. The Transnational Embedded Firm and the Financial Crisis:
    17. The intellectual foundations of the global financial crisis: analysis and proposals for reform Frank Jan De Graaf and Cynthia A. Williams
    18. Why executive pay matters to innovation and inequality William Lazonick
    19. Products, perimeters and politics: systemic risk and securities regulation Mary Condon
    20. Modernizing pension fund legal standards for the twenty-first century Keith Johnson and Frank Jan De Graaf
    Part V. Conclusion:
    21. Conclusion: evaluation, policy proposals and research agenda Cynthia A. Williams and Peer Zumbansen
    Index.

  • Editors

    Cynthia A. Williams, University of Illinois, Chicago

    Peer Zumbansen, King's College London

    Contributors

    Cynthia Williams, Peer Zumbansen, Simon Deakin, Lawrence E. Mitchell, Dalia Tsuk Mitchell, William T. Allen, Fenner Stewart, Stephen F. Diamond, Simon Archer, Janis Sarra, Blanaid Clarke, Ruth V. Aguilera, Sanford M. Jacoby, Suzanne Konzelmann, Frank Wilkinson, John Evans, Harry W. Arthurs, Claire Mummé, Frank Jan De Graaf, William Lazonick, Mary Condon, Keith Johnson

Related Books

also by this author

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×
warning icon

Turn stock notifications on?

You must be signed in to your Cambridge account to turn product stock notifications on or off.

Sign in Create a Cambridge account arrow icon
×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×