Contests for Corporate Control: Corporate Governance and Economic Performance in the United States and Germany

In this highly original book, Mary O'Sullivan provides a critical analysis of the theoretical foundations for the idea that corporations should be run to maximize shareholder value and for the alternative perspective that corporations should be run in the interests of stakeholders. She embeds her arguments on the relation between corporate governance and economic performance in historical accounts of the dynamics of corporate growth in the United States and Germany during the twentieth century.