What is an owner? And, what is an owner of a publicly traded corporation? It’s clear that they are not the same thing. We don’t own a corporation like we own a car or property. Even individual owners of corporate stock don’t really “own” the corporations. We have neither the rights nor responsibilities commonly associated with the term ownership.
New Book: Emerging Ownership
It’s hard to find good news in recent economic reports – or really any since the financial crisis. Some are beginning to look at new forms of ownership for possible answers. It’s a fascinating issue and a new book on the topic offers wisdom and insight. Owning Our Future: The Emerging Ownership…
Are corporations the best model — or just the best we have?
In a recent article, Seven ways to fix the system’s flaws, Martin Wolf wrote, “The corporation is the best institution we know of for running large, complex and dynamic businesses.” I agree it is the best option we have so far. That doesn’t mean, however that we shouldn’t make…
