This is an essential and provocative examination of corporate governance, where renowned thinker Michael Novak makes the moral case for free enterprise and capitalism, showing how business ownership, corporate leadership, and a healthy corporate culture lift up the poor and animate civil society, while warning that misguided governance schemes and management fads put these hard-won achievements, and the moral capital of the market economy, at risk.
Two achievements-up the poor and animating civil society-are powerful moral claims for business corporations but schemes for corporate governance jeopardize these achievements.
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