Tag Archives: corporate governance

Political Economy After Neoliberalism: A Manifesto for New Thinking

Posted on October 8, 2020 by Oleg Komlik

by Neil Fligstein and Steven Vogel* If anything could have dislodged the neoliberal doctrine of freeing the market from the government, you might have expected the coronavirus pandemic to do the trick. Of course, the same was said about the global financial … Continue reading →

Posted in Community members posts | Tagged comparative political economy, corporate governance, COVID-19, Economic Sociology, embeddedness, markets, neoliberalism, Political economy, power, shareholder value, state, varieties of capitalism | 5 Comments

Corporate Governance — For the Society and the Environment

Posted on November 26, 2016 by Oleg Komlik

Our societies are all scarred by Milton Friedman’s creed that “the social responsibility of business is to increase its profits”; our economies are all wounded by corporations’ obsessive pursuit for short-term profit maximization; regrettably, we all pay the price of dodgy and excessive corporate … Continue reading →

Posted in Papers | Tagged corporate governance, corporations, law, neoliberalism, regulation, shareholder value | Leave a comment

Neoliberalism and the political economy of corporate governance

Posted on May 22, 2016 by Oleg Komlik

Major corporate frauds and scandals since the early 2000s (e.g. WorldcCom, Enron, Arthur Andersen, Bear Stearns, Lehman Brothers) and the 2008 financial crisis have not just exposed the inherent destructiveness of the neoliberal economy and economics, but also turned the crucially important spotlight towards … Continue reading →

Posted in Papers | Tagged corporate governance, ideas, law, neoliberalism, Political economy, shareholder value, varieties of capitalism | Leave a comment

History of Profit in the US: Corporations, Accounting and Capital

Posted on December 23, 2014 by Oleg Komlik

The case of The United Steel Workers of America v. The United States Steel Corporation (1980) concerned the closing of two steel mills in Ohio. The steelworkers claimed U.S. Steel had promised to keep the two mills open so long … Continue reading →

Posted in Papers | Tagged accounting, capital, corporate governance, corporations, economic history, Economic Sociology, law, market evolution, profit, United States | 1 Comment

There is strong support across academics that maximizing ‪‎shareholder‬ value provides a problematic basis for the practice, theory, and regulation of corporate governance.

Posted on February 28, 2014 by Oleg Komlik

The Modern Corporation project seeks your support for a number of disciplinary memos on maximizing shareholder value and the effects of contemporary corporate governance theory more broadly. The members of the modern corporation project, hosted by Cardiff Business School and … Continue reading →