Swords Into Dow Shares

Released on by Rachel Weber
preview-18

  • Swords Into Dow Shares Book Detail

  • Author : Rachel Weber
  • Release Date : 2018-03-05
  • Publisher : Routledge
  • Genre : Political Science
  • Pages : 206
  • ISBN 13 : 0429976658
  • File Size : 97,97 MB
DOWNLOAD BOOK

Swords Into Dow Shares by Rachel Weber PDF Summary

Book Description: Contemporary legal doctrine holds that corporate managers have obligations, first and foremost, to maximize profits for their shareholders. This doctrine is based on the assumption that shareholders alone bear the financial risks and contribute the equity necessary for production. But what if other groups contribute assets and also risk losing their investments? What if other groups actually shelter shareholders from financial risks? Such is the case with the nation's prime defense contractors. By examining the case of defense contracting, where the federal government and, indirectly, the taxpayers assume most of the risks and costs of producing weaponry, Rachel Weber critiques the assumptions underlying our system of corporate governance.The Department of Defense provides contracts for billions of dollars, specialized components and facilities, interest subsidies, tax breaks, and regulatory relief. These public contributions make the record shareholder returns and executive compensation packages of the early 1990s all the more problematic. This book follows the case of General Dynamics, the nation's largest military shipbuilder and considered a trendsetter in the industry for its explicit shareholder orientation. The behavior of contractors like General Dynamics in the post-Cold War period raises serious concerns about the private stewardship of public funds. How can the government make contractors accountable to other public interests? In Swords into Dow Shares Rachel Weber offers some original suggestions for redirecting defense resources to foster innovation, decrease the tax burden of military spending, and help to retain and create high-wage jobs in a civilian-industrial economy.

Disclaimer: www.yourbookbest.com does not own Swords Into Dow Shares books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Swords Into Dow Shares

Swords Into Dow Shares

File Size : 41,41 MB
Total View : 5655 Views
DOWNLOAD

Contemporary legal doctrine holds that corporate managers have obligations, first and foremost, to maximize profits for their shareholders. This doctrine is bas

The Military and the Market

The Military and the Market

File Size : 59,59 MB
Total View : 1484 Views
DOWNLOAD

Throughout its history, the U.S. military has worked in close connection to market-based institutions and structures. It has run systems of free and unfree labo

Six Stops on the National Security Tour

Six Stops on the National Security Tour

File Size : 78,78 MB
Total View : 2229 Views
DOWNLOAD

The U.S. military economy incorporates hundreds of American communities. This is the first book to connect our national security apparatus to the local level vi