Corporate Finance and Governance in Stakeholder Society - 9781138066892

Taylor & Francis

Corporate Finance and Governance in Stakeholder SocietyBeyond shareholder capitalism\nAuthor(s): Shinichi Hirota\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138066892, 978-1138066892\nSynopsis\nThis book develops a new framework - the stakeholder model - that helps to understand corporate finance and governance in modern society, where the sources of peoples happiness have shifted from monetary to non-monetary factors. The book takes a more comprehensive approach than is typically found in the standard economics and finance literature, by explicitly incorporating both the monetary and non-monetary interests of stakeholders and by examining the value creation of corporations from a much broader perspective.\n\nSpecifically, the book addresses contemporary issues concerning corporate finance and governance worldwide, including: How should we define corporate value in stakeholder society? What is the role of modern corporatio.