Corporate irresponsibility : America's newest export / Lawrence E. Mitchell.

Format:

Book

Author/Creator:

Mitchell, Lawrence E.

Language:

English

Subjects (All):

Social responsibility of business--United States.

Social responsibility of business.

Corporations--Corrupt practices--United States.

Corporations.

Corporations--Moral and ethical aspects--United States.

Physical Description:

1 online resource (1 online resource (302 p.))

Edition:

1st ed.

Place of Publication:

New Haven : Yale University Press, c2001.

Language Note:

English

Summary:

"Corporations are often so focused on making short-term profits for their stockholders that they behave in ways that adversely affect their employees, the environment, consumers, American politics, and even the long-term well-being of the corporation, says Lawrence Mitchell in this provocative book. This is a significant issue not only in the United States but also in the world, for many countries are beginning to emulate the American model of corporate governance. Mitchell criticizes this emphasis on profit maximization and the corporate legal structure that encourages it, and he offers concrete proposals to bring about more socially responsible corporate behavior." "Mitchell declares that managers should be freed from the legal structural constraints that make it difficult for them to exercise ordinary moral judgment and be held accountable for their actions. He suggests, for example, that earnings reports be required annually rather than quarterly, that the capital gains tax be increased on stocks held for fewer than thirty days, and that elections of corporate boards of directors be held every five years rather than every year. Mitchell places the problem of corporate irresponsibility within the broader context of American life and demonstrates the extent to which contemporary corporate behavior represents a corruption of our cherished liberal values of personal freedom and individuality."

Contents:

Front matter

CONTENTS

ACKNOWLEDGMENTS

INTRODUCTION

Chapter 1 . AMERICAN LIBERALISM AND THE FUNDAMENTAL FLAW- THE FOUNDATION OF THE CORPORATE PROBLEM

Chapter 2 .THE PERFECT EXTERNALIZING MACHINE

Chapter 3 . CORPORATE PSYCHOLOGY 101, OR ALL THE CORPORATE WORLD'S A STAGE: THE CONSTRAINTS OF ROLE INTEGRITY

Chapter 4. IS WEALTH A VALUE ?

Chapter 5 . CORPORATE MANAGERS: DR. JEKYLL OR MR. HYDE?

Chapter 6 . TRADITIONAL STOCKHOLDERS: THE NIGHT OF THE LIVING DEAD

Chapter 7.THE NEW STOCKHOLDER: KING KONG WITH A QUOTRON

Chapter 8. ABANDONING THE STOCKHOLDERS

Chapter 9. THE DILBERT SOCIETY? AMERICA'S CORPORATE WORKERS

Chapter 10. CAPITALISM, SOCIALISM, AND DEMOCRACY

Chapter 11 .AMERICA RIGHT AND WRONG: GROWING U.S. ECONOMIC IMPERIALISM

CONCLUSION

NOTES

INDEX

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references (p. 279-298) and index.

ISBN:

9786611735210

9781281735218

1281735213

9780300137767

0300137761

OCLC:

1024023521