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9781848447967

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'The 2008 financial crisis has caused the validity of the shareholder-oriented model to be scrutinized. Was the model right? Was it just that the regulations were inadequate, or was it the financiers' greed? Should we not have earnestly searched for another model? Originally presented a year before the crisis, the papers in this volume did more than anticipate such debate. This book provides excellent food for thought for anyone interested in how to reconstruct the corporate economy.' -- Masahiko Aoki, Stanford University, US

'After the 2008 financial crisis the validity of the shareholder-oriented model has been scrutinized. Is the model right? Is it just that the regulations were not adequate, or that the individual greed of the financiers made a mess? Or should we earnestly search for another model? The papers included in this volume were originally presented a year prior to the crisis, but they looked as if they anticipated such debate. All who are interested in how to reconstruct the order of the corporate economy, this book provides excellent food for thought.' - Masahiko Aoki, Stanford University, US

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Edited by Jean-Philippe Touffut, Director, Cournot Centre, Paris, France

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