Working Paper No. 183 | January 1997

Corporate Governance and Corporate Employment

Is Prosperity Sustainable in the United States?

Unless American corporations change their structure of governance, it is unlikely that many will remain prosperous in this age of global competition, argue Research Associates William H. Lazonick and Mary O'Sullivan. US companies are not being hurt by low-wage competition but by their failure to invest in the organizational learning required to remain competitive. US corporate managers have become increasingly concerned with providing returns to stockholders, while their foreign competitors, especially the Japanese, invest in innovative thinking in order to provide higher-quality products at lower prices. If US corporations are to remain competitive, the authors say, they must invest in organizational learning—the acquisition by members of the corporation of the knowledge to solve problems collectively. The goal of all should be improving the business as a whole.

Publication Highlight

Working Paper No. 1041
Amazon Green Recovery and Labor Market in Brazil
Can Green Spending Reduce Gender and Race Inequalities?
Author(s): Luiza Nassif Pires, Gilberto Tadeu Lima, Pedro Romero Marques, Tainari Taioka, José Bergamin
February 2024

Quick Search

Search in: