Rachel Weber

Swords Into Dow Shares (eBook, ePUB)

Governing The Decline Of The Military- Industrial Complex

• Format: ePub

Produktbeschreibung

A provocative critique of corporate governance in the United States that uses the example of defense contracting to challenge the assumptions underlying our current understanding of how and in whose interests corporations should behave.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 236
• Erscheinungstermin: 5. März 2018
• Englisch
• ISBN-13: 9780429976650
• Artikelnr.: 54142875

Autorenporträt

Rachel Weber

Inhaltsangabe

List of Acronyms
Preface
Acknowledgments
Introduction
The Realm of Law
The Case of Defense Adjustment
Making Government Contractors More Accountable
Implications
1. Crisis of Corporate Governance
The Contractarian Paradigm: Shareholder Primacy in a Nexus of Contracts
Enabling Institutions
Challenging Models and Institutions
The Need for a New Model
2. Governing Defense Contractors
The Organization of the U.S. Defense Industry
Managing Uncertainty
Multiple Principals, Multiple Goals
Managing Uncertainty by Shifting Risks
Contractors' Fiduciary Obligations to the Public
3. Adjusting to the Drawdown
The Downturn in Defense Spending
Corporate Responses
The Post-Cold War Regulatory Regime
State Support for Shareholder Primacy
Conclusion
4. General Dynamics: The Shareholder Success Story of the 1990s
Warning Signs
Shareholder Values
Sticking to Its Knitting
Reorganizing Production at Electric Boat
Conclusion
5. Redistributing Risks and Rents at General Dynamics
The State and Taxpayers as Risk-Bearers
Employees and Local Governments as Risk-Bearers
Conclusion
6. Accommodating Public Interests in Corporate Change
Accountability through Popular Participation
Accountability through Contracts and Regulation
Accountability in Practice
Accountability through Corporate Governance Reform
Conclusion
References