Alfred Chandler wrote a great deal on finance capital in the development of big business. In making bold and provocative statements, he provided scholars with a variety of stimulating ideas. To a large extent, however, we still do not know whether Chandler's assertions were correct. Ultimately,...

This volume raises an important question: Given the fast-changing global economy and the challenges it presents, what is the role for the university as an institution promoting sustainable human development? The editors begin by outlining the changes associated with the recent wave of...

To understand the potential economic implications of challenges from the real and financial sectors for the system of corporate governance - the social process that shapes who makes investment decisions in corporations, what types of investments they make, and how the returns from successful...

The purpose of this paper is to analyze the impact of the stock market on the innovative capabilities of high-technology companies that have been central to what in the last half of the 1990s came to be called the 'New Economy'. The empirical focus is on equipment suppliers in optical...

The centrality of corporate enterprises for allocating resources in the economy has sparked the recent debate among economists about the manner in which corporations should be governed to enhance economic performance. The process through which resources are developed and utilised is central to...

Of the world's multiple national variations on a basically capitalist system, the paper compares the century's history of four--the British and American, the two "pioneers" whose institutions and economic behaviour patterns most closely confirm to, and those of Germany and Japan whose...

Franck Amalric opens the journal discussion with a short statement on his views on corporate responsibility followed by comments from members of the corporate world. Development (2004) 47, 3–8. doi:10.1057/palgrave.development.1100073