Prosperity : better business makes the greater good / Colin Mayer.

Format:

Book

Author/Creator:

Mayer, C. P. (Colin P.), author.

Language:

English

Subjects (All):

Profit.

Success in business.

Physical Description:

xiii, 261 pages, 8 unnumbered pages of plates : illustrations (some color) ; 23 cm

Edition:

First edition.

Place of Publication:

Oxford, United Kingdom : Oxford University Press, 2018.

Summary:

What is business for? On day one of a business course, students learn that the purpose of business is maximizing shareholder profit. This single idea pervades thinking and teaching about business around the world - but it is fundamentally wrong, according to the author of this book. This idea has had disastrous and damaging consequences for economies, the environment, politics, and societies. In this book, the author challenges the fundamentals of business thinking by proposing a new agenda for establishing the corporation as a force for promoting economic and social wellbeing in its fullest sense - for customers and communities. The author presents a prescription for improving corporations, their ownership, governance, finance, and regulation. Drawing insights from business, law, economics, science, philosophy, and history, the author demonstrates how the corporation can realize its full potential to contribute to the economic and social wellbeing of the many, not just the few.

Contents:

Principles. Purpose ; Values

Provenance. Evolution ; Ownership

Practice. Governance ; Performance

Policy. Law ; Regulation

Partnership. Finance ; Investment

Prospects.

Notes:

Includes bibliographical references (pages [233]-247) and index.

ISBN:

0198824009

9780198824008

OCLC:

1023101522