The Ownership Of Enterprise
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The Ownership Of Enterprise
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Author : Henry Hansmann
language : en
Publisher: Harvard University Press
Release Date : 2009-07-01
The Ownership Of Enterprise written by Henry Hansmann and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-01 with Business & Economics categories.
The investor-owned corporation is the conventional form for structuring large-scale enterprise in market economies. But it is not the only one. Even in the United States, noncapitalist firms play a vital role in many sectors. Employee-owned firms have long been prominent in the service professions--law, accounting, investment banking, medicine--and are becoming increasingly important in other industries. The buyout of United Airlines by its employees is the most conspicuous recent instance. Farmer-owned produce cooperatives dominate the market for most basic agricultural commodities. Consumer-owned utilities provide electricity to one out of eight households. Key firms such as MasterCard, Associated Press, and Ace Hardware are service and supply cooperatives owned by local businesses. Occupant-owned condominiums and cooperatives are rapidly displacing investor-owned rental housing. Mutual companies owned by their policyholders sell half of all life insurance and one-quarter of all property and liability insurance. And nonprofit firms, which have no owners at all, account for 90 percent of all nongovernmental schools and colleges, two-thirds of all hospitals, half of all day-care centers, and one-quarter of all nursing homes. Henry Hansmann explores the reasons for this diverse pattern of ownership. He explains why different industries and different national economies exhibit different distributions of ownership forms. The key to the success of a particular form, he shows, depends on the balance between the costs of contracting in the market and the costs of ownership. And he examines how this balance is affected by history and by the legal and regulatory framework within which firms are organized. With noncapitalist firms now playing an expanding role in the former socialist countries of Eastern Europe and Asia as well as in the developed market economies of the West, The Ownership of Enterprise will be an important book for business people, policymakers, and scholars.
Own It
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Author : Wendy Sage-Hayward
language : en
Publisher: Springer Nature
Release Date : 2022-11-15
Own It written by Wendy Sage-Hayward and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-15 with Business & Economics categories.
Very few enterprising families focus on building an owner’s mindset in family members. They are busy working and growing their enterprises (rightly so), which prioritizes and values the management role over the ownership role. Many rising generation family members do not choose the path of ownership but are simply born into it. Given these typical patterns, it is not surprising that there is little focus on valuing and building an educated owner to steward the family’s assets for future generations. This book serves as a resource and support tool to help enterprising families learn and develop thoughtful, capable ownership by investing in and nurturing an owner's mindset. This includes building “ownership literacy,” along with a genuine sense of stewardship. It offers a learning structure and approach for each stage of an owner’s development across the lifespan (from earliest years to retirement), taking into consideration the lifecycle stages of the family. The authors make clear that ownership development shouldn’t be confined to earlier ages; any owner at any age can gain ownership-related perspective and skills that can contribute to greater family harmony and business success. The book provides enterprising families and their advisors with examples and practical advice for the promotion of knowledge, skills, and capabilities that incorporate a broad range of topics spanning from personal and interpersonal, to leadership and wealth, to business, ownership, and financial.
State Owned Enterprise Governance A Stocktaking Of Government Rationales For Enterprise Ownership
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2015-09-15
State Owned Enterprise Governance A Stocktaking Of Government Rationales For Enterprise Ownership written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-15 with categories.
This report reviews rationales offered by national governments for including or maintaining certain corporate assets in state ownership. Drawing on a survey of 24 countries, the report provides guidance to authorities seeking to reform or review their ownership policies.
The Rise And Fall Of State Owned Enterprise In The Western World
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Author : Pierangelo Maria Toninelli
language : en
Publisher: Cambridge University Press
Release Date : 2000-10-02
The Rise And Fall Of State Owned Enterprise In The Western World written by Pierangelo Maria Toninelli and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-10-02 with Business & Economics categories.
This book examines the twentieth-century rise and fall of state-owned enterprises in Western political economy.
Absentee Ownership
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Author : Thorstein Veblen
language : en
Publisher: Routledge
Release Date : 2017-07-05
Absentee Ownership written by Thorstein Veblen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
Absentee Ownership is an inquiry into the economic situation as it has taken shape in the twentieth century, particularly as exemplified in the case of America. According to Thorstein Veblen, absentee ownership is the main and immediate controlling interest in the life of civilized men. It is the paramount issue between the civilized nations, and guides the conduct of their affairs at home and abroad. World War I, says Veblen, arose out of a conflict of absentee interests and the peace was negotiated with a view to stabilize them. Part I of the book is occupied with a summary description of that range of economic circumstances and that sequence of economic growth and change that led up through the nineteenth century and have come to a head in the twentieth century. Part II is an objective, theoretical analysis of those economic circumstances described in the first part of the book. Marion Levy writes in his introduction about the phrase "absentee ownership" and how it has a definite connotation, representing a dark figure in the economic system, a frustration of desired levels of self-sufficiency. In the early days, the giants of business enterprise had faces--Rockefeller, Vanderbilt, Ford, Edison--but they all turned into faceless bureaucracies, says Levy. The giants may not have been nice, but they had faces and human traits. Absentee ownership wiped that out for the common man. Veblen's book continues to be of vital importance to the studies of economics, political theory, and sociology.
The Future Of Enterprise Organization
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Author : Eric W. Orts
language : en
Publisher:
Release Date : 2011
The Future Of Enterprise Organization written by Eric W. Orts and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
This book review essay argues that Henry Hansmann's The Ownership of Enterprise and G.P. Stapledon's Institutional Shareholders and Corporate Governance reflect two directions in legal analysis. Hansmann's book illustrates a quot;microanalysis of institutions,quot; and Stapledon's follows a quot;macroanalysis of society.quot; Hansmann explains varying legal forms of enterprise in terms of the costs of contracting and ownership. The reviewer finds Hansmann's analysis persuasive for the most part, but argues that he does not fully account for the benefits of enterprise organization and the nature of legal ownership. Stapledon's macroanalysis traces the rise of institutional investors in Great Britain and Australia comparatively. The reviewer focuses on Stapledon's suggestion that Australia may offer a quot;hybridquot; species of corporate governance between the Anglo-American and German/Japanese models. The review concludes with an account of the quot;uneasy case for investor ownershipquot; that supports Hansmann's analysis and a normative argument in favor of the public corporation as the best form of large-scale enterprise for the future.
Engaged Ownership
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Author : Amelia Renkert-Thomas
language : en
Publisher: John Wiley & Sons
Release Date : 2015-12-14
Engaged Ownership written by Amelia Renkert-Thomas and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-14 with Business & Economics categories.
Successful ownership transition requires effective decision making at the top Engaged Ownership is the definitive owner's guide to the family enterprise. Whether you're taking over a family business, family office, or trust, this book shows you how to work effectively with the management and board to keep the enterprise moving in the right direction. The first guide of its kind written from the owner's perspective, this book is designed to help owners who are truly committed to growing all forms of capital be successful in their role. You'll learn the time-tested process that helps you 'unstick' decision-making, become engaged and effective, and manage the transfer from owner control to shared ownership while minimizing risk. Improve communication and relationships with the board, and ensure that every stakeholder understands your strategies and vision for the future. You'll allay the fears that frequently accompany ownership transfers, and inspire a sense of teamwork that leads to sustainable success generation after generation. As the Baby Boomers retire, business founders and entrepreneurs worldwide are transferring ownership of privately held enterprises to their children in record numbers. It can be a complex and difficult-to-navigate time for everyone involved. This book helps you smooth the way to a successful transition, and transcend the owner's traditionally passive role. Learn to work effectively with management and the board Get everyone on the same page in terms of vision and direction Build relationships that lead to forward-thinking decision making Succeed in the ownership role by bringing your expertise to the fore Ownership transfer often triggers a radical change in family enterprise, and if poorly managed, can turn a business in the wrong direction. Engaged Ownership shows you how to build a dynamic and effective partnership with trustees, board, and management, and become a successful steward of the family's financial, human, social, and operational capital.
Partners In Enterprise
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Author : Jack Quarter
language : en
Publisher:
Release Date : 1989
Partners In Enterprise written by Jack Quarter and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.
Absentee Ownership And Business Enterprise In Recent Times
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Author : Thorstein Veblen
language : en
Publisher:
Release Date : 1924
Absentee Ownership And Business Enterprise In Recent Times written by Thorstein Veblen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1924 with Economic history categories.
Symposium On Government Ownership And Enterprise Management
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Author : Symposium on Government Ownership and Enterprise Management. 1997
language : en
Publisher:
Release Date : 1998
Symposium On Government Ownership And Enterprise Management written by Symposium on Government Ownership and Enterprise Management. 1997 and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
