Abraham A Singer: Form of the Firm

Cover: 9780197586860 | Form of the Firm | A Normative Political Theory of the Corporation

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Beschreibung

The Form of the Firm unveils the nature of the corporation as it exists in modern liberal societies. What are we to make of the power that corporations wield over people in modern society? Is such power legitimate? Many think so. To many businessmen and economists, as well as the general public, firms are purely private and economic entities, justified in using all legal means to maximize profit. In The Form of the Firm, Abraham Singer contends that such a view rests on a theoretical foundation that, while quite subtle, is deeply flawed. Contrary to the conventional wisdom, corporations are not natural outgrowths of the free market. Instead, Singer invites us to see corporations as political
institutions that correct market inefficiencies through mechanisms normally associated with government -hierarchy, power, and state-sanctioned authority. Corporations exist primarily to increase economic efficiency, but they do this in ways that distinguish them from the markets in which they
operate. Corporations serve economic ends, but through political means. Because of this, Singer argues that they also must be structured and obliged to uphold the social and political values that enable their existence and smooth-running in the first place: individual autonomy, moral and social
equality, and democratic norms and institutions. A profound and timely rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of political theory, corporate governance, corporate law, and business ethics.

Über den Autor

Abraham A. Singer is currently assistant professor of Management at Loyola University Chicago's Quinlan School of Business. His research and teaching interests lie within and between business ethics and political theory.

Inhaltsverzeichnis

Introduction

Chapter 1. A Framework for a Political Theory of the Corporation

Section I. The Economic Theory of Corporate Efficiency and Justice

Chapter 2. The Classical Theories of the Corporation

Chapter 3. Ronald Coase and the Difference between Markets and Firms

Chapter 4. The Managerial Challenge to Liberalism

Chapter 5. The Chicago School's Theory of the Corporation

Chapter 6. From Market to Firm to Market Again

Section II: A Normative Account of Corporate Efficiency

Chapter 7. The Concept of "Norm-Governed Productivity"

Chapter 8. Corporate Justice Within Efficiency Horizons

Section III: Toward a More Just Corporate Regime: Law, Governance, and Ethics

Chapter 9. Toward a Relational Corporate Law

Chapter 10. The Architecture of Corporate Governance and Workplace Democracy

Chapter 11. Business Ethics and Efficiency: The Market Failures Approach

Chapter 12. Business Ethics and Equality: The Concept of "Justice Failure"

Conclusion

Works Cited

Details

Erscheinungsjahr:	2021
Fachbereich:	Allgemeines
Genre:	Importe , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Taschenbuch
Inhalt:	Kartoniert / Broschiert
ISBN-13:	9780197586860
ISBN-10:	0197586864
Sprache:	Englisch
Einband:	Kartoniert / Broschiert
Autor:	Singer, Abraham A
Hersteller:	Oxford University Press, USA
Verantwortliche Person für die EU:	Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße:	234 x 156 x 17 mm
Von/Mit:	Abraham A Singer
Erscheinungsdatum:	13.10.2021
Gewicht:	0,477 kg