Predatory value extraction : how the looting of the business corporation became the US norm and how sustainable prosperity can be restored / William Lazonick and Jang-Sup Shin.

This title explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s undermined the social foundations of sustainable prosperity in the United States, resulting in rising inequality and slow productivity growth, and se...

Full description

Saved in:
Bibliographic Details
Online Access: Full Text (via Oxford Scholarship Online)
Main Authors: Lazonick, William (Author), Shin, Jang-Sup, 1962- (Author)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, 2020.
Edition:First edition.
Series:Oxford scholarship online.
Subjects:
Description
Summary:This title explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s undermined the social foundations of sustainable prosperity in the United States, resulting in rising inequality and slow productivity growth, and sets out an agenda for restoring sustainable prosperity.
Item Description:This edition previously issued in print: 2019.
Physical Description:1 online resource : illustrations (black and white)
Audience:Specialized.
Bibliography:Includes bibliographical references and index.
ISBN:9780191881770 (ebook)
DOI:10.1093/oso/9780198846772.001.0001
Source of Description, Etc. Note:Description based on online resource; title from home page (viewed on January 13, 2020)