
Corporate Governance and Sustainable Prosperity
- English
- PDF
- Available on iOS & Android
Corporate Governance and Sustainable Prosperity
About this book
How can we explain the persistent worsening of the income distribution in the United States in the 1980s and 1990s? What are the prospects for the re-emergence of sustainable prosperity in the US economy over the next generation? Situating these questions within a wider context through historical analysis and comparisons with Germany and Japan, this book focuses on the microeconomics of corporate investment behaviour, and the macroeconomics of household saving behaviour. Specifically, the contributors analyze how the combined pressures of excessive corporate growth, international competition, and intergenerational dependence have influenced corporate investment over the past two decades. They also offer a perspective on how corporate investment in skill bases can support sustainable prosperity, with studies drawn from the machine tool, aircraft engine, and medical equipment industries.
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Information
Table of contents
- Cover
- Contents
- List of Tables
- List of Figures
- Preface
- Notes on Contributors
- 1 Introduction: Corporate Resource Allocation and Employment Opportunities in the United States
- 2 Maximizing Shareholder Value: A New Ideology for Corporate Governance
- 3 Organizational Learning and International Competition: The Skill-Base Hypothesis
- 4 Good Jobs and the Cutting Edge: The US Machine Tool Industry
- 5 Good Jobs Flying Away: The US Jet Engine Industry
- 6 What Prognosis for Good Jobs? The US Medical Diagnostic Imaging Equipment Industry
- 7 Earnings Inequality and the Quality of Jobs: Current Research and a Research Agenda
- 8 The Japanese Economy and Corporate Reform: What Path to Sustainable Prosperity?
- 9 Corporate Governance in Germany: Productive and Financial Challenges
- Index