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Corporate Governance and Sustainable Prosperity : Jerome Levy Economics Institute - William Lazonick

Corporate Governance and Sustainable Prosperity

Jerome Levy Economics Institute

By: William Lazonick (Editor), Mary O'Sullivan (Editor)

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  • Paperback View Product Published: 14th November 2001
    $185.95

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.

Introduction: Corporate Resource Allocation and Employment Opportunities in the United States—
Maximinzing Shareholder Value: A New Idology for Corporate Governance—
Organizational Learning and International Competition: The Skill-Base Hypothesis—
Good Jobs and the Cutting Edge: The U.S. Machine Tool Industry—
Good Jobs Flying Away: The U.S. Jet Engine Industry—
What Prognosis for Good Jobs?: The U.S. Medical Diagnostic Imaging Equipment Industry—
Earnings Inequality and the Quality of Jobs: Current Research and a Research Agenda—
The Japanese Economy and corporate Reform: What Path to Sustainable Prosperity?—
Corporate Governance in Germany: Productive and Financial Challenges—
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780333777572
ISBN-10: 0333777573
Series: Jerome Levy Economics Institute
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 312
Published: 14th November 2001
Country of Publication: GB
Dimensions (cm): 22.23 x 13.97  x 3.18
Weight (kg): 0.61
Edition Number: 1