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	<title>The Rise and Fall of Management &#187; Company Law</title>
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	<description>A brief history of practice, theory and context</description>
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		<title>Bury the Dogma</title>
		<link>http://www.management-riseandfall.info/13/bury-the-dogma/</link>
		<comments>http://www.management-riseandfall.info/13/bury-the-dogma/#comments</comments>
		<pubDate>Thu, 13 Jan 2011 09:57:55 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Green Business]]></category>
		<category><![CDATA[Management Practice]]></category>
		<category><![CDATA[Political Decision]]></category>
		<category><![CDATA[Shareholder Value]]></category>
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		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=619</guid>
		<description><![CDATA[Neo-classical microeconomic theory, especially in its more recent fundamentalist manifestations, has done immense damage to the real economy while nurturing the parasitic financial sector, as recounted from time to time elsewhere on this site. 
Various alternative approaches have identified and addressed problems created by that theory. Welfare economics, the economics of social balance, and what [...]]]></description>
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		<title>A Further Word on Cadbury</title>
		<link>http://www.management-riseandfall.info/05/a-further-word-on-cadbury/</link>
		<comments>http://www.management-riseandfall.info/05/a-further-word-on-cadbury/#comments</comments>
		<pubDate>Sun, 05 Dec 2010 20:54:03 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Political Decision]]></category>
		<category><![CDATA[Shareholder Value]]></category>
		<category><![CDATA[Stakeholder theory]]></category>
		<category><![CDATA[free trade ideology]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=599</guid>
		<description><![CDATA[The takeover of British confectioner Cadbury, with its long and honourable history in British industry, from its Quaker origins to its death throes earlier this year, has been featured as the main topic of two posts on this site, and mentioned in passing on five others. It is a compulsive story which celebrates the satisfaction [...]]]></description>
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		<title>Unpicking Shareholder Primacy</title>
		<link>http://www.management-riseandfall.info/06/unpicking-shareholder-primacy/</link>
		<comments>http://www.management-riseandfall.info/06/unpicking-shareholder-primacy/#comments</comments>
		<pubDate>Sat, 06 Nov 2010 10:01:41 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Economic History]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Financial Sector]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Shareholder Value]]></category>
		<category><![CDATA[Stakeholder theory]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=580</guid>
		<description><![CDATA[The idea that companies, if not all economic activity, exists to maximise the wealth of shareholders or owners, dominates the world of corporate governance and much else. Bankers and traders believe it. Industrial managers have been led to accept it. Universities and business schools preach it. It is part of the free market ideology, often [...]]]></description>
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		<title>The Importance of Agency in â€˜The Rise and Fall of Managementâ€™</title>
		<link>http://www.management-riseandfall.info/29/the-importance-of-agency-in-the-rise-and-fall-of-management/</link>
		<comments>http://www.management-riseandfall.info/29/the-importance-of-agency-in-the-rise-and-fall-of-management/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 13:12:33 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Agency theory]]></category>
		<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Corporate Governance]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Management Theory]]></category>
		<category><![CDATA[Shareholder Value]]></category>
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		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=382</guid>
		<description><![CDATA[â€˜The Rise and Fall of Managementâ€™ highlights some issues as of particular importance to the current situation. For instance, the universal adoption of agency theory. Agency is a legal relationship where the agent acts on behalf of the principal who is bound by the agentâ€™s actions, and the agent is bound to act, in his [...]]]></description>
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		<title>Corporate Criminality and the Free Market Philosophy</title>
		<link>http://www.management-riseandfall.info/08/corporate-criminality-and-the-free-market-philosophy/</link>
		<comments>http://www.management-riseandfall.info/08/corporate-criminality-and-the-free-market-philosophy/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 09:37:23 +0000</pubDate>
		<dc:creator>Gordon Pearson</dc:creator>
				<category><![CDATA[Company Law]]></category>
		<category><![CDATA[Corporate Ownership]]></category>
		<category><![CDATA[Economic Theory]]></category>
		<category><![CDATA[Free Market Capitalism]]></category>
		<category><![CDATA[Shareholder Value]]></category>

		<guid isPermaLink="false">http://www.management-riseandfall.info/?p=368</guid>
		<description><![CDATA[A key tenet of the free market philosophy, elegantly expressed by Milton Friedman, was that businesses should focus exclusively on maximising shareholder value and not allow other considerations, apart from compliance with the law, to intrude on their business activities. Thatâ€™s what Friedman stood for. And thatâ€™s what governments over the past 30 years have [...]]]></description>
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