Oxford University Press's
Academic Insights for the Thinking World

  • Author: John Storey

Found: a viable, alternative model of the firm?

The single-minded pursuit of shareholder value courts a tolerance of malpractice which sets the scene for a race to the bottom. At the heart of the system is the model of the modern corporation. In many ways, it now seems unfit for purpose in the context of the global economy. The John Lewis Partnership is illustrative of an alternative approach.

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