The form of the firm : a normative political theory of the corporation / Abraham A. Singer.

Format:

Book

Author/Creator:

Singer, Abraham A., author.

Series:

Oxford scholarship online.

Oxford scholarship online

Language:

English

Subjects (All):

Corporations.

Corporate governance.

Physical Description:

1 online resource (313 pages)

Place of Publication:

New York, NY : Oxford University Press, 2018.

Summary:

Contemporary discussions of the corporation tend to fall into one of two camps. The side that dominates much of public discourse is those who conceive of the corporation as purely economic. According to this view, corporations are "nexuses of contracts" that have no greater duties than to maximize profits for their shareholders and that should be given legal and political deference to do so. On the other side are those who conceive of the corporation in almost entirely political terms. In this view, corporations are created by government and exercise powers and privileges that are conceded to it by the state; governments have a responsibility to organize and constrain corporations such that they act for the benefit of society as a whole. This text offers a third way that sees the corporation as being both economic and political.

Contents:

Introduction

A framework for a political theory of the corporation

The economic theory of corporate efficiency and justice

The classical theories of the corporation

Ronald Coase and the difference between markets and firms

The managerial challenge to liberalism

The Chicago School's theory of the corporation

From market to firm to market again

The concept of "norm-governed productivity"

Corporate justice within efficiency horizons

Toward a relational corporate law

The architecture of corporate governance and workplace democracy

Business ethics and efficiency: the market failures approach

Business ethics and equality: the concept of "justice failure"

Conclusion.

Notes:

Description based on print version record.

Previously issued in print: 2018.

Includes bibliographical references and index.

ISBN:

0-19-758686-4

0-19-069836-5

0-19-090949-8

0-19-069835-7