Minggu, 09 September 2012

[W870.Ebook] Download Corporate Business and Capitalist Classes, by John Scott

Download Corporate Business and Capitalist Classes, by John Scott

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Corporate Business and Capitalist Classes, by John Scott

Corporate Business and Capitalist Classes, by John Scott



Corporate Business and Capitalist Classes, by John Scott

Download Corporate Business and Capitalist Classes, by John Scott

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Corporate Business and Capitalist Classes, by John Scott

Our lives are shaped to an enormous extent, and often in unperceived ways, by large multinational corporations. How are the growth, power, and significance of these big businesses to be explained and understood? Focusing on issues of ownership, control, and class formation, Corporate Business and Capitalist Classes explores the implications of these changes in the nature of big business

  • Sales Rank: #5153520 in Books
  • Published on: 1997-05-15
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.75" h x .95" w x 5.63" l, 1.40 pounds
  • Binding: Hardcover
  • 384 pages

Review
`To date, this book represents the most comprehensive coverage of the variations of corporate governance. John Scott has done us a service in bringing together the data on ownership patterns, banking interlocks, size, network density, and many more features of advanced industrialized countries. And on top of this, he adds in the latest studies on Latin America, central and eastern Europe, and Asia. I have found myself running to this book in its manuscript form. It will serve as one of the most important sources in comparative institutional work.' Bruce Kogut, The Wharton School, University of Pennsylvania

`a thorough reworking of Scott's earlier work, Classes Corporations and Capitalism ... added to so extensively that a new title is easily justified ... the scope of Scott's knowledge of the debates and literature is displayed to telling effect ... this book is an invaluable synthesis of existing kowledge of patterns of ownership and control. Anybody interested in the area will have to engage with Scott's impressive contribution.' Bob Carter, Sociology

`a state-of-the-art synthesis of existing research in this area by one of the subject's leading authorities. Specialists will also be rewarded by the emphasis on cross-national and comparative questions, for it is here that much of the debate is now taking place ...Scott's book still contains more substance than many of the prescriptively oriented studies of corporate governance that are being produced from within various Western business schools.' Patrick McGovern, Work, Employment and Society

`A long historical sweep on European business, and a full descriptive account of the different corporate structures that prevail around the world ... its real contribution lies ... in providing a description of the different forms of corporate governance that are found in the variety of models around the world ... The discussion of this provides enormous detail, all documented thoroughly, and will undoubtedly be a valuable source ... the analysis is wide-ranging and it all leads to an ambitious and extended treatment of the nature of the world economy, of inequalities of income and wealth, and ultimately of class formation.' Times Higher Education

`This book comprises a through reworking of Scott's earlier work, 'Classes, Corporations and Capitalism' ... the book had serious implications for a number of current debates ... the scope of Scott's knowledge of the debates and literature is displayed to telling effect. The book is written with impressive clarity and authority ... an invaluable synthesis of existing knowledge of patterns of ownership and control. Anybody interested in the area will have to engage with Scott's impressive contribution.' Bob Carter, Sociology

About the Author
John Scott is a Visiting Professor at the Universities of Essex, Exeter, and Copenhagen. He was formerly Professor of Sociology and Pro Vice-Chancellor for Research at Plymouth University and before that was Professor of Sociology at Essex University and Leicester University. He is a Fellow of the British Academy, a Fellowof the Academy of learned Societies in the Social Sciences, and a Fellow of the Royal Society of Arts. An active member of the British Sociological Association, he has held the posts of Secretary, Treasurer, Chairperson, and President. His most recent publications are "Conceptualising the Social World" (Cambridge University Press, 2011), "The Sage Handbook of Social Network Analysis" (edited with Peter Carrington, Sage Publications, 2011), and "Sociology" (with James Fulcher, Oxfords University Press, 2011). His current work on the history of British sociology will appears as "Envisioning Sociology. Victor Branford, Patrick Geddes, and the Quest for Social Reconstruction" (with Ray Bromley, SUNY Press, 2013).

Most helpful customer reviews

0 of 0 people found the following review helpful.
"polyarchic financial hegemony"
By Stephen Thompson
In this book Scott convincingly argues that managerial control of corporations has never been the norm. Capitalists and their representatives—usually a mix of banks and other financial institutions—exercise powerful constraints on corporate policy. The exact nature and severity of these constraints varies over time, from place to place, and from corporation to corporation. But, in general, if they want to keep their jobs, corporate managers must internalize the values and priorities of financial capitalists, and work toward a long-run strategy of high profitability. In fact, Scott argues in the last chapter that corporate executives should be considered as part of the capitalist class.

The characterization of corporate control provided by Scott is also much more subtle and interesting than the bank control theories developed by some Marxists. In the United States, where the most mature form of corporate control seems to exist, power relations are described by Scott as a form of “polyarchic financial hegemony.” Financial institutions, wealthy capitalist families, and corporate executives hold power together, with financial institutions taking a leadership role. Importantly (and in contrast to theories of bank control), decision-making power over corporations is in the hands of a large and complex network of individuals and institutions, rather than an oligarchic group of banks with disjoint spheres of influence. The American “polyarchic” mode of corporate control is not universal—some societies do have somewhat more oligarchic systems—and the prevalent mode of control in a given country seems to be mostly determined by the country’s stage of economic development, and the country’s position in the world economy. But, it looks like the mode of control that exists in the US is gradually becoming more common in the rest of the world.

The one major drawback of the book is that it was published almost twenty years ago. So, the book does not cover the explosion of recent research on shareholder value orientation and its macroeconomic effects. I would be interested to know Scott’s perspective on that literature.

See all 1 customer reviews...

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