000 -LEADER |
fixed length control field |
03179cam a2200421 i 4500 |
001 - CONTROL NUMBER |
control field |
17774715 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
PILC |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20150805082543.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
130612t20132013ne a b 001 0 eng c |
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER |
LC control number |
2013371479 |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9789490947828 (hbk.) |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9490947822 (hbk.) |
035 ## - SYSTEM CONTROL NUMBER |
System control number |
(OCoLC)ocn824733878 |
040 ## - CATALOGING SOURCE |
Original cataloging agency |
YDXCP |
Language of cataloging |
eng |
Transcribing agency |
YDXCP |
Description conventions |
rda |
Modifying agency |
COO |
-- |
OCLCO |
-- |
GUL |
-- |
ERASA |
-- |
CDX |
-- |
OHX |
-- |
WLL |
-- |
OCLCQ |
-- |
DLC |
042 ## - AUTHENTICATION CODE |
Authentication code |
pcc |
050 00 - LIBRARY OF CONGRESS CALL NUMBER |
Classification number |
K 1315 |
Item number |
.M37 2013 |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
K |
Source |
lcco |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
HD |
Source |
lcco |
100 1# - MAIN ENTRY--PERSONAL NAME |
Personal name |
Masouros, Pavlos E., |
Relator term |
author. |
245 10 - TITLE STATEMENT |
Title |
Corporate law and economic stagnation : |
Remainder of title |
how shareholder value and short-termism contribute to the decline of the Western economies / |
Statement of responsibility, etc |
Pavlos E. Masouros. |
246 30 - VARYING FORM OF TITLE |
Title proper/short title |
How shareholder value and short-termism contribute to the decline of the Western economies |
246 3# - VARYING FORM OF TITLE |
Title proper/short title |
Progress stagnation |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
Place of publication, distribution, etc |
Netherlands : |
Name of publisher, distributor, etc |
Eleven International Publishing, |
Date of publication, distribution, etc |
2013. |
300 ## - PHYSICAL DESCRIPTION |
Extent |
xxi, 342 pages : |
Other physical details |
illustrations ; |
Dimensions |
25 cm. |
490 1# - SERIES STATEMENT |
Series statement |
Dovenschmidt monographs ; |
Volume number/sequential designation |
1 |
500 ## - GENERAL NOTE |
General note |
"Progress stagnation"--Cover. |
500 ## - GENERAL NOTE |
General note |
Includes bibliographical references and index. |
505 0# - FORMATTED CONTENTS NOTE |
Formatted contents note |
Corporate governance and international political economy : how changes in the international monetary order brought about the great reversal in corporate governance and the great reversal in shareholdership -- Modeling short-term shareholdership's negative impact on the dynamics of capital accumulation : the post-Keynesian theory of the firm -- Corporate law's contribution to the great reversal in corporate governance -- Corporations and shareholder eugenics : how corporate law sustains the great reversal in shareholdership -- The path towards long governance. |
520 8# - SUMMARY, ETC. |
Summary, etc |
The shift in the institutional logics of corporate governance towards shareholder value coupled with shareholdership's increasing short-termism have cumulatively contributed to the low GDP growth rates that are observed in five major Western economies (France, Germany, The Netherlands, UK, US) since the breakdown of the Bretton Woods system in the 1970s. This book presents - through empirical data and with the help of the post-Keynesian theory of the firm - a historical causality chain: The two Great Reversals led to higher equity payout ratios and lower retention ratios in public corporations that in turn caused lower growth rates of (business) capital accumulation that in turn caused lower GDP growth rates. Corporate law has been an accomplice for the reorientation of corporate governance towards shareholder value, i.e. for the Great Reversal in Corporate Governance, and thus it indirectly shares the blame for the low rates of capital accumulation that have thrown the five major Western economies in a stagnation mode over the past four decades. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Corporation law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Corporation law |
General subdivision |
Economic aspects. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Social responsibility of business. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name as entry element |
Law and economics. |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE |
Uniform title |
Dovenschmidt monographs ; |
Volume number/sequential designation |
1. |
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
a |
7 |
b |
cbc |
c |
pccadap |
d |
2 |
e |
ncip |
f |
20 |
g |
y-gencatlg |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
|
Koha item type |
Books |
Call number prefix |
Foreign |