Jerome Levy Economics Institute

Corporate Governance and Sustainable Prosperity

Editors: Lazonick, W., O'Sullivan, M. (Eds.)

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About this book

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.

About the authors

BETH ALMEIDA Research Economist, International Association of Machinists and Aerospace Workers ROBERT FORRANT Associate Professor, Department of Regional Economic and Social Development MICHAEL HANDEL Assistant Professor, Sociology Department, University of Wisconsin-Madison PHILIP MOSS Professor Department of Regional Economic and Social Development, University of Massachusetts Lowell CHRIS TILLY University Professor, Department of Regional Economic and Social Development, University of Massachusetts Lowell

Table of contents (9 chapters)

Table of contents (9 chapters)
  • Corporate Resource Allocation and Employment Opportunities in the United States

    Pages 1-10

    Lazonick, William (et al.)

  • Maximizing Shareholder Value: A New Ideology for Corporate Governance

    Pages 11-36

    Lazonick, William (et al.)

  • Organizational Learning and International Competition: The Skill-Base Hypothesis

    Pages 37-77

    Lazonick, William

  • Good Jobs and the Cutting Edge: The US Machine Tool Industry

    Pages 78-103

    Forrant, Robert

  • Good Jobs Flying Away: The US Jet Engine industry

    Pages 104-140

    Almeida, Beth

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-0-230-52373-9
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $135.00
price for USA
  • ISBN 978-0-333-77757-2
  • Free shipping for individuals worldwide
  • This title is currently reprinting. You can pre-order your copy now.
Softcover $109.99
price for USA
  • ISBN 978-1-349-41742-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.

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Bibliographic Information

Bibliographic Information
Book Title
Corporate Governance and Sustainable Prosperity
Editors
  • W. Lazonick
  • M. O'Sullivan
Series Title
Jerome Levy Economics Institute
Copyright
2002
Publisher
Palgrave Macmillan UK
Copyright Holder
The Jerome Levy Economics Institute
eBook ISBN
978-0-230-52373-9
DOI
10.1057/9780230523739
Hardcover ISBN
978-0-333-77757-2
Softcover ISBN
978-1-349-41742-1
Edition Number
1
Number of Pages
XI, 312
Number of Illustrations
2 b/w illustrations
Topics