This volume showcases the most exciting new voices in the fields of business and political history. While the media frequently warns of the newfound power of business in the world of politics, the ...authors in this book demonstrate that business has mobilized to shape public policy and government institutions, as well as electoral outcomes, for decades. Rather than assuming that business influence is inevitable, the chapters explore the complex evolution of this relationship in a wide range of different arenas--from attempts to create a corporate-friendly tax policy and regulations that would work in the interests of particular industries, to local boosterism as a weapon against New Deal liberalism, to the nexus between evangelical Christianity and the oil industry, to the frustrations that business people felt in struggles with public interest groups. The history that emerges show business actors organizing themselves to affect government in myriad ways, sometimes successfully but other times with outcomes far different than they hoped for. The result in an image of American politics that is more complex and contested than it is often thought to be. The essays represent a new trend in scholarship on political economy, one that seeks to break down the barriers that once separated old subfields to offer a vision of the economy as shaped by politics and political life influenced by economic relationships.
Free market fairness Tomasi, John
2012, 2012., 20120226, 2012-02-26, 20120101
eBook, Book
Can libertarians care about social justice? In Free Market Fairness, John Tomasi argues that they can and should. Drawing simultaneously on moral insights from defenders of economic liberty such as ...F. A. Hayek and advocates of social justice such as John Rawls, Tomasi presents a new theory of liberal justice. This theory, free market fairness, is committed to both limited government and the material betterment of the poor. Unlike traditional libertarians, Tomasi argues that property rights are best defended not in terms of self-ownership or economic efficiency but as requirements of democratic legitimacy.
Political power and corporate control Gourevitch, Peter Alexis; Gourevitch, Peter Alexis; Shinn, James J
2005., 20100620, 2010, 2005, 2005-01-01, 20050101
eBook
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate ...governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases.
After Suharto gained power in Indonesia in the mid-1960s, he stayed as the country's president for more than three decades, helped by the powerful military, hefty foreign aid and support from a ...coterie of cronies. A pivotal business backer for his New Order government was Liem Sioe Liong, a migrant from China, who arrived in Java in 1938. A combination of the Suharto connection, serendipity and personal charm propelled him to become the wealthiest tycoon in Southeast Asia. This is the story of how Liem built the Salim Group, a conglomerate that in its heyday controlled Indonesia's largest non-state bank, the country's dominant cement producer and flour mill, as well as the world's biggest maker of instant noodles.
The book features exclusive input from Liem, who died in 2012, and his youngest son, Anthony Salim. It traces the founder's life and the group's symbiosis with Suharto, his generals and family. After the tumultuous 1997–98 Asian financial crisis sparked Suharto's fall and a backlash against the strongman's cronies, Anthony staved off the crushing of the debt-laden group. Told in a journalistic style, the story of the Salim Group provides insights into Suharto's New Order. For business executives, students and anyone with an interest in Southeast Asia's largest economy, the volume makes a valuable contribution towards understanding the country's modern history.
Who do people think are influential in their own community? This question is important for understanding topics such as social networks, political party networks, civic engagement, and local ...politics. At the same time as research on these topics has grown, measurement of public perceptions of local influence has dried up. Years ago, researchers took active interest in the question of community influence. They found that most ordinary Americans could identify a person who they thought had influence in their community. Respondents usually named business leaders. Where does the public stand today? In three different ways, we ask respondents who has local influence. The vast majority of respondents today cannot think of anyone. Those who do identify someone as influential rarely choose a businessperson. This article aims to reintroduce the public opinion of community influence and situate findings in related scholarship.
Following the uncertainty of regulatory reform under Brexit and the new Trump Administration Era, this installment of Accounting Matters explores the future of international financial reporting ...standards (IFRS). I interviewed Mr. Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), and Mr. Michael Izza, Chief Executive of the Institute of Chartered Accountants in England and Wales (ICAEW). The two give their opinions on what they see as the lasting impact of Brexit and the Trump Era on their organizations and accounting standards internationally.
How should we understand business interests in the welfare state when firms have strategic incentives to misrepresent their preferences? This article uses an event study to uncover firms’ preferences ...over social protection. We use the stock market’s response to proposed legal changes in employment and wage protection to test class- versus skill-based understandings of employer preferences. Using data from France between 1997 and 2003, we find evidence in favor of the skill-centered approach.
This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics ...through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.
Executive director of the Government Accountability Project Beatrice Edwards makes this bold and saddening claim: the American Bill of Rights and Constitution are no longer the law of the land. ...Focusing on shocking revelations from whistleblowers such as Edward Snowden, she documents the rise of the "Corporate Security State" in America.
