BUSA 690 Lecture Notes - United Nations Global Compact, International Finance Corporation, Ronald Coase

• School: McGill University
• Department: Business Admin
• Course: BUSA 690
• Professor: Peter Younkin

Document Summary

In 2009, the international finance corporation and the un global compact released a report, corporate governance - the foundation for corporate citizenship and sustainable. Business, linking the environmental, social and governance responsibilities of a company to its financial performance and long-term sustainability. In the 20th century in the immediate aftermath of the wall street crash of 1929 legal scholars such as adolf augustus berle, edwin dodd, and gardiner c. means pondered on the changing role of the modern corporation in society. Coase introduced the notion of transaction costs into the understanding of why firms are founded and how they continue to behave. Us expansion after world war ii through the emergence of multinational corporations saw the establishment of the managerial class. Studying and writing about the new class were several harvard business school management professors: myles mace(entrepreneurship), alfred: chandler, jr. (business history), jay lorsch (organizational behavior) and elizabeth maciver (organizational behavior).