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Corporate Vices uncovers the real performance gap in modern corporations between good business practice that builds companies, and bad corporate habits that eventually bring them down. It builds a detailed picture of how wayward corporations often try too hard, think too little, and forget too much. And it offers a sharp contrast with companies, large and small, that are good businesses, and how they manage to stay that way. Looking behind the headlines of spectacular corporate disasters, such as Enron and Marconi, as well as corporations that are under pressure and going nowhere, Corporate Vices identifies the common theme of badly run companies, that they fail to realise, or just forget, the importance of business basics, such as productivity, as they explore ever more sophisticated and expensive ways of satisfying other more immediate, like keeping cash profits high to satisfy shareholders - even at the expense of productivity. Corporate Vices explores the complex roots and the story of how corporations have allowed themselves to turn business logic on its head with such ease. Corporate Vices puts an alternative way of running companies on the table in its many examples of good businesses. These are companies that manage to keep their eye on the ball, even at a price: not achieving corporate glory, turning down the latest technology, and opportunities to enter new markets. Most of all, Corporate Vices makes it clear how to spot the difference, and then to fix it. It asks the questions, which everyone stuck in a bad company can't seem to answer, like, * Where did we start to go wrong? * What does the CEO think he's doing? * Why can't anyone make a decision any more? * Whose idea was this merger?
Explores the nature of corporate personhood and how it affects the rights, powers, and influence of corporations in society.
It is now trite knowledge that corporate criminal liability is laced with a large number of contradictions that seriously threaten its legitimacy. This book demonstrates that these contradictions may be avoided if courts consistently refer to an adequate mechanism of imputation. It proposes parameters for evaluating mechanisms of imputation and shows how an adequate mechanism may be determined. This distinctive book provides students and practitioners with an exposition of the current substantive and procedural corporate criminal law and considers other ways of regulating the activities of corporations than using the criminal law. It also addresses the distinction between internal knowledge and external knowledge with reference to pedigreed and non-pedigreed rules and shows how the concept of discursive dilemma may be employed to aggregate the acts and intents of agents for the purposes of imputing these acts and intents to accused corporations and holding them liable. This book is highly recommended for students of criminology, law and business. It should also be of interest to defence counsels, prosecutors and regulatory agencies that either represent and advise corporate defendants or seek to hold corporations accountable for the breach of criminal law standards.
A resource for industry professionals and consultants, this book on corporate strategy lays down the theories and models for revitalizing companies in the face of global recession. It discusses cutting-edge concepts, constructs, paradigms, theories, models, and cases of corporate strategic leadership for bringing about transformation and innovation in companies. Each chapter in the book is appended with transformation exercises that further explicate the concepts.
How should the Catholic church remember the sins of its saints? This question proves particularly urgent in the case of those saints who were canonized due to their relation to black slavery. Today, many of their racial virtues seem like racial vices. In this way, the church celebrates Peter Claver, a seventeenth-century Spanish missionary to Colombia, as “the saint of the slave trade,” and extols Martín de Porres as the patron saint of mixed race people. But in truth, their sainthoods have upheld anti-blackness much more than they have undermined it. Habituated by anti-blackness, the church has struggled to perceive racial holiness accurately. In the ongoing cause to canonize Pierre Toussaint, a Haitian-born former slave, the church continues to enact these bad racial habits. This book proposes black fugitivity, as both a historical practice and an interpretive principle, to be a strategy by which the church can build new hagiographical habits. Rather than searching inside itself for racial heroes, the church should learn to celebrate those black fugitives who sought refuge outside of it.
Business firms are ubiquitous in modern society, but an appreciation of how they are formed and for what purposes requires an understanding of their legal foundations. This book provides a scholarly and yet accessible introduction to the legal framework of modern business enterprises. It explains the legal ideas that allow for the recognition of firms as organizational "persons" having social rights and responsibilities. Other foundational ideas include an overview of how the laws of agency, contracts, and property fit together to compose the organized "persons" known as business firms. The institutional legal theory of the firm developed embraces both a "bottom-up" perspective of business participants and a "top-down" rule-setting perspective of government. Other chapters in the book discuss the features of limited liability and the boundaries of firms. A typology of different kinds of firms is presented ranging from entrepreneurial one-person start-ups to complex corporations, as well as new forms of hybrid social enterprises. Practical applications include contribution to the debates surrounding corporate executive compensation and political free-speech rights of corporations.
The Business Student’s Guide to Sustainable Management has become a core textbook for business undergraduates. With a full introduction to sustainable management, the textbook covers all subject areas relevant to business students. This second edition features fully updated chapters on how to integrate the Sustainable Development Goals into accounting, marketing, HR and other subjects in management and business studies. Furthermore, this second edition offers brand new chapters on how to teach the Principles for Responsible Management Education (PRME) in any business discipline, how to explore new business models designed to support sustainable development and how to crowdsource for sustainable solutions. The book contains over 40 ready-made seminars/short workshops which enable teachers and students to integrate the Sustainable Development Goals (SDGs) into every discipline in business, including economics, operations, marketing, HR, and financial reporting. Each chapter follows the same easy-to-use format. The Business Student’s Guide to Sustainable Management provides a true treasure chest of materials to support staff wanting to integrate sustainability into their teaching and provides support to effectively embed sustainability in the curriculum. The chapters also offer a starting point in developing teaching units for Masters and MBA students. The material is not just useful to people in business schools, but to those involved in wider scale curriculum change, and those looking to make links between different disciplines (for example, how to teach system thinking, corporate peace-making and the crowdsourcing of sustainable solutions). Online Teaching Notes to accompany each chapter are available on request with the purchase of the book.