Show Less
You do not have access to this content

Corporate Governance, The Firm and Investor Capitalism

Alexander Styhre

The shift from managerial capitalism to investor capitalism, dominated by the finance industry and finance capital accumulation, is jointly caused by a variety of institutional, legal, political, and ideological changes, beginning with the 1970s’ downturn of the global economy. This book traces how the incorporation of businesses within the realm of the state leads to both certain benefits, characteristic of competitive capitalism, and to the emergence of new corporate governance problems emerges. Contrasting economic, legal, and managerial views of corporate governance practices in contemporary capitalism, the author examines how corporate governance has been understood and advocated differently during the New Deal era, the post-World War II economic boom, and the after 1980 in the era of free market advocacy.
Show Summary Details
This content is available to you


Alexander Styhre

I am grateful to Francine O’Sullivan, Commissioning Editor at Edward Elgar Publishing, for being given the chance to publish this research monograph. I would also like to thank my colleagues at the Department of Business Administration, and the faculty of the Organization and Management section, School of Business Economics and Law, University of Gothenburg, for upholding and caring for an intellectually stimulating environment. Finally, I would like to thank the Department of Management and Marketing, Faculty of Business and Economics, University of Melbourne, and Professor and Head of Department Leisa Sargent and Professor Bill Harley in particular, for inviting me to spend some time in this exciting place and providing me with some time to work on this volume.