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Corporation nation / / Robert E. Wright



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Autore: Wright Robert E (Robert Eric), <1969-> Visualizza persona
Titolo: Corporation nation / / Robert E. Wright Visualizza cluster
Pubblicazione: Philadelphia : , : University of Pennsylvania Press, , [2014]
©2014
Edizione: First edition.
Descrizione fisica: 1 online resource (328 p.)
Disciplina: 338.7/4097309034
Soggetto topico: Corporations - United States - History - 19th century
Corporate governance - United States - History - 19th century
Corporate governance - United States - History - 21st century
Big business - United States - History - 21st century
Soggetto non controllato: American History
American Studies
Business
Economics
Note generali: Bibliographic Level Mode of Issuance: Monograph
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Front matter -- Contents -- Chapter 1. The Corporation Nation Emerges -- Chapter 2. Before the Constitution -- Chapter 3. Corporate Iniquity -- Chapter 4. Corporate Ubiquity -- Chapter 5. The Benefits of Big -- Chapter 6. Governance Principles -- Chapter 7. Governance Failures -- Chapter 8. Regulation Rising -- Chapter 9. Corporate Governance and Regulation since the Civil War -- Chapter 10. Reforming Corporate Governance -- Notes -- Index -- Acknowledgments
Sommario/riassunto: From bank bailouts and corporate scandals to the financial panic of 2008 and its lingering effects, corporate governance in America has been wracked by crises. Amid a weakening system of checks and balances in which corporate executives have little incentive to protect shareholder interests, U.S. corporations are growing larger and more irresponsible at the same time. But dependence on corporate profit was crucial to the early republic's growth, success, and security: despite protests that incorporated business was an inefficient and potentially corrupting system, U.S. state governments chartered more corporations per capita than any other nation—including Britain—effectively making the United States a "corporation nation." Drawing on legal and economic history, Robert E. Wright traces the development and decline of corporate institutions in America, connecting today's financial failures to deteriorating corporate law. In the nineteenth century, checks and balances kept managerial interests aligned with those of stockholders, and public opinion grew supportive as corporations raised billions of dollars to finance infrastructure such as transportation networks, financial systems, and manufacturing operations. But many of these checks and balances were dismantled after the Civil War, creating a space for the managerial malfeasance that spiraled into economic crisis in the twenty-first century. Bolstered with archival and original data, including the first complete count of American business corporations before the Civil War, Corporation Nation makes a compelling argument for improved internal governance and more effective external government regulation.
Titolo autorizzato: Corporation nation  Visualizza cluster
ISBN: 0-8122-0896-X
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910815894603321
Lo trovi qui: Univ. Federico II
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Serie: Haney Foundation series.