Democracy, the market, and the firm : how the interplay between trading and voting fosters political stability and economic efficiency

Author / Creator

Crès, Hervé, author

Available as

Online

Physical

Summary

This book investigates the assumptions that allow shareholders to align in voting decisions even in a context of severe market failures. The authors argue that the invisible hand of the market and ...

This book investigates the assumptions that allow shareholders to align in voting decisions even in a context of severe market failures. The authors argue that the invisible hand of the market and the active hand of democracy can jointly bring about positive outcomes.

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