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Private Equity's Unintended Dark Side
Over the past two decades, private equity has contributed to a shrinking of the U.S. stock market. We develop a political economy model of private equity activity to study the wider economic consequences of this trend. We show that private and social incentives to delist firms from the stock market are not always aligned. Private equity firms could inadvertently impose an externality on the economy by reducing citizen-investors' exposure to corporate profits and thus undermining popular support for business-friendly policies. This can lead to long-term reductions in aggregate investment, productivity, and employment.
The Oxford Handbook of the Economics of Networks
The Oxford Handbook of the Economics of Networks represents the frontier of research into how and why networks they form, how they influence behavior, how they help govern outcomes in an interactive world, and how they shape collective decision making, opinion formation, and diffusion dynamics. From a methodological perspective, the contributors to this volume devote attention to theory, field experiments, laboratory experiments, and econometrics. Theoretical work in network formation, games played on networks, repeated games, and the interaction between linking and behavior is synthesized. A number of chapters are devoted to studying social process mediated by networks. Topics here include ...
Net Neutrality: Contributions to the Debate
After a decade of discussion on how to guarantee an open, sustainable internet and often intense debate regarding the Federal Communications Commission's 2009 public hearing on the application of the principles of net neutrality, on 21st December 2010 the various elements that comprise the solution to this now famous controversy were passed. This solution has not satisfied many people, and nearly everyone agrees that it will not end the debate and nor will it resolve the underlying structural problems. This book examines the source, development and viewpoints on this issue based on contributions from leading experts from the academic and business worlds in the USA and Europe who have been involved in the debate. This is a highly important book for understanding the various points of view on the very current and controversial issue of web neutrality.
Net Neutrality and the Battle for the Open Internet
“Net neutrality,” a dry but crucial standard of openness in network access, began as a technical principle informing obscure policy debates but became the flashpoint for an all-out political battle for the future of communications and culture. Net Neutrality and the Battle for the Open Internet is a critical cultural history of net neutrality that reveals how this intentionally “boring” world of internet infrastructure and regulation hides a fascinating and pivotal sphere of power, with lessons for communication and media scholars, activists, and anyone interested in technology and politics. While previous studies and academic discussions of net neutrality have been dominated by legal, economic, and technical perspectives, Net Neutrality and the Battle for the Open Internet offers a humanities-based critical theoretical approach, telling the story of how activists and millions of everyday people, online and in the streets, were able to challenge the power of the phone and cable corporations that historically dominated communications policy-making to advance equality and justice in media and technology.
Share Power
Should companies care about climate change? Should they be vanquishing the gender pay gap? Should they be advancing human rights in their supply chains? And if we think they should - can we, as ordinary people, bring about these sorts of changes? The answer is, technically, yes. In the UK, the majority of us now own shares in listed companies - whether that be through a stocks and shares ISA, a self-invested portfolio or a workplace pension scheme. What few people know is that every share comes with a vote in company decisions, over everything from executive pay to corporate strategy. The technology exists to allow us to vote - all we need to do is learn how to use it. In Share Power, Merryn Somerset Webb, Editor-in-Chief of MoneyWeek, takes us deep into the world of corporate capitalism - from the privatisation of state-owned companies in the 1980s to the financial crash of 2008 and the growth of the modern multinational - to show us how capitalism went wrong and how, with six simple recommendations, every one of us now has the power to make it work for us.
Susanna, An Oratorio
The oratorio of Susanna was composed between July 11th and August 24th 1748, when Handel was 64, and was performed in London, at Covent Garden Thatre, in the Lent following. SATB with SSSATBB Soli
Handel's Israelite Oratorio Libretti
Combining the insights of present-day biblical studies with those of Handelian studies, this book examines the libretti of ten of Handel's Israelite oratorios and evaluates the relationship between each libretto and the biblical story on which it is based.
