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Entrepreneurs and Democracy: A Political Theory of Corporate Governance (Business, Value Creation, and Society)


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#3494541 in eBooks 2008-05-22 2008-05-22File Name: B001EWDKQE2 of 4 people found the following review helpful. A Sweeping MasterpieceBy CorpGovNet"From the unstable equilibrium between entrepreneurial force and social fragmentation emerges corporate governance that is both legitimate and performing," directing the "productive action of people who want to stay autonomous and free." The quick takeaway: corporate governance must increasingly become more democratic to be seen as legitimate."Whereas political harmony in traditional societies is built on compleWhat legitimizes power within a corporation? This question is of concern to the millions of citizens whose lives depend upon the fate of business corporations. The rules, institutions and practices of corporate governance define the limits of the power to direct, and determine under what conditions this power is acceptable. Effective corporate governance has long been defined in terms of economic performance. More recent studies have focused on philosophical, political and historical analyses. E...

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