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R David McLean The Case for Shareholder Capitalism (Paperback) (UK IMPORT)
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eBay item number:395157200418
Item specifics
- Condition
- Book Title
- Case for Shareholder Capitalism : How the Pursuit of Profit Benefits All
- Publication Name
- The Case for Shareholder Capitalism
- Title
- The Case for Shareholder Capitalism
- Subtitle
- How the Pursuit of Profit Benefits All
- Format
- Trade Paperback
- ISBN-10
- 1952223881
- EAN
- 9781952223884
- ISBN
- 9781952223884
- Publisher
- Cato Institute
- Genre
- Business & Economics
- Release Date
- 12/12/2023
- Release Year
- 2023
- Language
- English
- Item Height
- 0.6in
- Item Length
- 8.5in
- Item Width
- 5.5in
- Item Weight
- 11.5 Oz
- Type
- Economic Systems
- Publication Year
- 2023
- Topic
- Business Ethics, Corporate Finance / General, Free Enterprise
- Number of Pages
- 256 Pages
About this product
Product Information
Unlock the power of shareholder capitalism -- a system that transcends zero-sum games and Wall Street stereotypes. In its essence, shareholder capitalism enables mutually beneficial trade, a concept ingrained in our human history for over 300,000 years. This approach fosters specialization, fuels innovation, and propels economic growth. In this engaging new book, David McLean explains how embracing shareholder capitalism doesn't negate the significance of other institutions; rather, it allows businesses to excel in providing the goods, services, and jobs that make society better off. Shareholder capitalism isn't about disregarding stakeholders; it thrives on mutually beneficial partnerships, and managers are entrusted to maximize shareholder value, focusing on companies' long-term success, which drives overall prosperity. Profits, the ultimate measure of value, steer businesses toward creating goods and services that benefit society. While shareholder capitalism is the overarching theme in Finance 101 courses, it is increasingly criticized, especially with the popularization of concepts like ESG investing and stakeholder capitalism. McLean argues that corporate social responsibility, while well-intentioned, shouldn't replace the democratic process in policymaking, and can lead to unintended consequences. Our journey through capitalism, beginning around 1800, has brought unprecedented prosperity, and it's essential to safeguard this system for the betterment of society, with democracy and free trade as our guiding beacons.
Product Identifiers
Publisher
Cato Institute
ISBN-10
1952223881
ISBN-13
9781952223884
eBay Product ID (ePID)
28065853930
Product Key Features
Book Title
Case for Shareholder Capitalism : How the Pursuit of Profit Benefits All
Format
Trade Paperback
Language
English
Topic
Business Ethics, Corporate Finance / General, Free Enterprise
Publication Year
2023
Genre
Business & Economics
Number of Pages
256 Pages
Dimensions
Item Length
8.5in
Item Height
0.6in
Item Width
5.5in
Item Weight
11.5 Oz
Additional Product Features
Reviews
"Shareholder capitalism is accused of being the cause of all the world's problems. This eye-opening book highlights that shareholder capitalism involves mutually beneficial trade, pursuing bold innovations that address society's challenges, and creating long-term value for stakeholders. It's based on sound economic principles, not ideology, yet is highly readable and brimming with real-world examples. Read it; it will change the way you think."--Alex Edmans, author of Grow the Pie: How Great Companies Deliver Both Purpose and Profit and professor of finance at the London Business School "This book is a must-read for anyone who wants to understand what shareholder capitalism is and what it is not. David McLean offers a full-throated defense of shareholder capitalism by drawing on historical insights from notable economists such as Adam Smith, Joseph Schumpeter, Milton Friedman, and Thomas Sowell and linking them to current real-world examples. This highly readable book compares and contrasts the shareholder capitalism approach to the stakeholder capitalism approach to dispel common misinformation, misconceptions, and fallacies about both."--Michael Piwowar, former commissioner of the U.S. Securities and Exchange Commission "Few ideas are more salient than the shareholder wealth maximization principle for continued growth and the survival of humanity. David McLean not only blunts the serious assaults leveled against it but presents the shareholder wealth maximization principle in a lucid, accessible narrative that is sprinkled with historical anecdotes. The book has the potential to set straight those who have misguided concerns about the shareholder model and arm the believers with cogent arguments extolling the virtues of maximizing shareholder wealth."--S. P. Kothari, Gordon Y. Billard Professor of Accounting and Finance, MIT Sloan School of Management
Intended Audience
Trade
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eBay item number:395157200418
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u***n (38)- Feedback left by buyer.
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Product is 95% alike picture but a little more blurry. Controller play well but had a notice from psn that my joypad wasn't authentic and could by problematic🤷♂️ no trouble so far! Shipping was fast but no tracking and worst packaging ever.. like the box came banged up... send a question to seller never had a reply 😅.... Good product overall, excellent price, fast shipping, wrapped only on 4 sides out of 6, no tracking and never reply... 4★ product / 2★ seller ✌️
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The book is in perfect condition, brand new, and is exactly as described. This item is difficult to find here, and the seller priced it very reasonably. It shipped from the UK to Canada, and unfortunately took a little longer to arrive than the seller hoped, but it was shipped less than 24 hours after I purchased. When I contacted the seller, they were very responsive and helpful. I would not hesitate to purchase from this seller again. Definitely recommend!
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