The Corporation in the 21st Century: Why (Almost) Everything We Are Told About Business is Wrong

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John Kay

The Corporation in the 21st Century

Why (Almost) Everything We Are Told About Business is Wrong

John Kay

$49.99

Hardback

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English

Profile
26 November 2024

Economics & Business; Economic history; Business ethics; Company law

'A brilliant analysis of how business really works. Informative, funny, and full of deep insights'Mervyn King'A very entertaining read'Evan DavisFor generations, we have defined a corporation as a business run by a capitalist elite, that uses its accumulated wealth to own the means of production and exercise economic power.

That is no longer the reality. In the twenty-first century, our most desired goods and services aren't stacked in warehouses or on container ships: they appear on your screen, fit in your pocket or occupy your head.

But even as we consume more than ever before, big business faces a crisis of legitimacy. The pharmaceutical industry creates life-saving vaccines but has lost the trust of the public. The widening pay gap between executives and employees is destabilising our societies. Facebook and Google have more customers than any companies in history but are widely reviled.

John Kay, one of the greatest economists of our time, describes how the pursuit of shareholder value has destroyed some of the leading companies of the twentieth century. Incisive and provocative, this book redefines successful commercial activity and leadership, the knowledge economy and what the future of the modern corporation might be.

By: John Kay
Imprint: Profile
Country of Publication: United Kingdom
Edition: Main
Dimensions: Height: 236mm, Width: 162mm, Spine: 44mm
Weight: 675g
ISBN: 9781805221722
ISBN 10: 1805221728
Pages: 448
Publication Date: 26 November 2024
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Sir John Kay is one of Britain's leading economists. A Fellow of the British Academy and Royal Society of Edinburgh, he was the founding dean of the Oxford Business School and has held chairs at London Business School and LSE. He is a winner of the Senior Wincott Award for Financial Journalism for his Financial Times columns. Other People's Money won the Saltire Prize and was shortlisted for the Orwell Prize for Political Writing. His other books include Obliquity, The Long and Short of It, Greed is Dead and Radical Uncertainty.

Reviews for The Corporation in the 21st Century: Why (Almost) Everything We Are Told About Business is Wrong

"'A brilliant analysis of how business really works and why we should stop thinking about ""capitalism"" and talk instead about a pluralistic economy. Informative, funny, and full of deep insights. Truly a magnum opus' - Mervyn King, former Governor of the Bank of England 'A very entertaining read for specialists and non-specialists alike, it's a book that manages to be incredibly expansive, and yet also with a depth of argument you won't often find in a business text. Few writers come close to matching Kay's analysis of what makes good businesses succeed and bad businesses fail' - Evan Davies 'Praise for John Kay' - - 'Kay is both a first-class economist and an excellent writer' - Financial Times 'An admirable debunker of myths and false beliefs - Kay can see substantial things others don't' - Nassim N Taleb, author"