Entrepreneurs and Democracy: A Political Theory of Corporate Governance Book

List of figures and tables

Introduction 1

Pt. I Establishing the ideological foundations: the contribution of liberal political philosophy 13

1 The invisible crown: political foundations of the legitimate entrepreneur 19

2 Society fragmented and the role of democracy 39

Pt. II Understanding how corporate governance evolves: the contribution of history 59

3 Familial governance (c.1800-1920): economic enfranchisement and the founder as entrepreneur 59

4 Managerial governance (c.1920-1970): separation of powers and management as entrepreneur 99

5 Post-managerial governance (from c.1970): ownership of the large corporation reaches unprecedented mass and fragments into multiple poles 136

6 Interpreting public governance: representation and debate signify a new step towards democratization 173

Pt. III Corporate governance and performance: the contribution of economics 223

7 The Pure Economic Model of corporate governance: an analysis 227

8 Critique of the Pure Economic Model of corporate governance 251

9 Economic performance, corporate governance, and the fragmentation of ownership 274

Epilogue 307

Index 324