1st Edition

The Making of Shareholder Welfare Society A Study in Corporate Governance

By Alexander Styhre Copyright 2018
258 Pages
by Routledge

258 Pages
by Routledge

258 Pages
by Routledge

The Making of Shareholder Welfare Society traces and accounts for the debates and discussions between law and economics scholars and mainstream legal scholars, management theorists, and economic sociologists. This is done in detail to demonstrate that the shareholder welfare society was built from the bottom up, beginning with theoretical propositions regarding alleged market efficiencies and... Read more

Part 1: The Making of Shareholder Value Ideology, 1950-1980





1. The 1950s’ Antitrust Legislation and Enforcement Critique and Its Response



2. 1960s and the Market For Management Control Argument



3. 1970s: The Contractual Theory of the Firm



4. 1980s: Agency Theory and the Shareholder Welfare Norm



Part II: Into the Wild: The 1990s and Into the New Millennium



5. Finance Market De-Regulation and the Decline of New Deal Policy: Clinton Era Free Market Reforms



6. The New Millennium: Volatility, Crises, and Austerity

Biography

Alexander Styhre is Chair of Organization Theory and Management, Department of Business Administration, School of Business, Economics and Law at the University of Gothenburg, Sweden.