Corporate Management in a Knowledge-Based Economy

G. Zanda, G. Zanda

• Publisher: Palgrave Macmillan
• Year: 2011
• ISBN:
  9780230355453
• Topic: Business
• Subtopic: Finanza d'impresa
• Index: Business

Corporate Management in a Knowledge-Based Economy traces the evolution of corporate governance over time, with a particular focus on the changing nature of power. The control of scarce resources used in production materials, labour and capital has evolved considerably over the past centuries, with government, landowners, non-owner managers, and institutional investors acting as controlling powers at different points in time. In order to appropriately protect the various, and changing, stakeholders, the system of corporate governance has also developed over the years a process that continues to the present. In today's knowledge-based economy, with the rising importance of intangible assets, a new corporate management paradigm is needed.This book incorporates theoretical work as well as practical applications to analyse these developments and explore emerging trends of the 21st century. It examines how the pursuit of profit maximization has resulted in governance failures and it focuses on the prospective role of business ethics (once again in the spotlight following the credit crisis) in helping reform flawed governance structures. It argues that, in the long term, a system based on ethics can maximize social responsibility, customer satisfaction, human capital development and economic targets.

Table of contents

• Cover
• Corporate Management in a Knowledge-Based Economy
• Contents
• Tables and Figures
• Notes on Contributors
• 1 Company Management: Its Historical Evolution
• 2 The Period in which Power Is Associated with Land Ownership
• 3 The First Industrial Revolution (c1760–c1870)
• 4 The Second Industrial Revolution (late 1800s and early 1900s)
• 5 The ‘Managerial Revolution’: The Origin and Growth of Managerial Capitalism (from the 1930s to the End of the 1970s)
• 6 The Appearance and Establishment of ‘Financial Shareholding Managerial Capitalism ’
• 7 The Efficient-market Hypothesis (EMH) and Financial Crisis
• 8 Control of Intangible Resources and Corporate Management
• 9 Ethical Foundations of Corporate Social Responsibility. The Contribution of Christian Social Thought
• 10 Patterns of Management and Their Influence on Business Behaviour
• 11 Summary and Closing Remarks
• Bibliography
• Index