Description - A History of Corporate Governance Around the World by Randall K. Morck
Is capitalism a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking? Or does it only concentrate power and wealth in the hands of a few hereditary oligarchies? In "A History of Corporate Governance around the World", distinguished economists present new empirical research that suggests that each side of the debate has something to offer the other. The contributors argue that free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But their research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families.
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(229mm x 154mm x 38mm)
University of Chicago Press
Publisher: The University of Chicago Press
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Author Biography - Randall K. Morck
Randall K. Morck is the Stephen A. Jarislowsky Distinguished Chair in Finance at the University of Alberta and a research associate of the NBER. He is the editor of Concentrated Corporate Ownership, also published by the University of Chicago Press.