We would be better off if executives involved spent more time minding the store, rather than negotiating to buy each other's stores - so here is a proposal to put sand in the wheels of the takeover machine.
We are converging on the plc as the only form of economic organisation in the modern world. But this is not without costs - and it is because we are not giving viable alternatives any legal encouragement.
The stakeholding view of the nature and purposes of corporations applies most forcefully to monopoly public utilities. This essay analyses some of the problems of utility regulation and proposes a stakeholding alternative.
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