Journals Higher Education
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Published: 28 January 2020

256 Pages

9.2 x 6.0 inches

ISBN: 9780198846772

Also Available As:


Bookseller Code (01)

Predatory Value Extraction

How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored

William Lazonick and Jang-Sup Shin

  • Provides a critical analysis of corporate governance practices in the United States and their contribution to current economic challenges such as employment instability, income inequity, and secular stagnation
  • Presents a theory of innovative enterprise to explain the evolving relationship between value creation and value extraction
  • Sets out a new agenda for combatting predatory value extraction and restoring sustainable prosperity

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