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Cliques and Capitalism: A Modern Networked Theory of the Firm

  • 1.  Cliques and Capitalism: A Modern Networked Theory of the Firm

    Posted 12-20-2011 12:16
    Dear Colleagues,

    I would like to announce my most recent book, released today, "Cliques and
    Capitalism: A Modern Networked Theory of the Firm". It is out in time to add
    to your holiday reading list! Below, are a publisher's description of the
    book and three reviews.

    Also, you may see a list of all my books at:
    http://www.amazon.com/Deborah-E.-De-Lange/e/B004206YYA


    Cliques and Capitalism: A Modern Networked Theory of the Firm

    De Lange suggests a new contextually linked building block model to develop
    theories of the firm in the field of strategy and organizations. Using this
    approach, she proposes two models: one that is a realistic American version
    and another that is a futuristic sustainable model. Both are new networked
    models that integrate current theories; a review of international corporate
    governance supports the sustainable firm that solves problems of the current
    one. Through a revised theoretical lens, the book answers a provocative
    question surrounding modern corporate America: Who wields the power? In this
    investigative look at the institutional mechanisms behind who is truly
    running the show, Cliques and Capitalism seeks to not only explain why the
    current corporate system fails to function well, but also offers solutions
    for improved corporate governance through a new sustainable model.

    Reviews:

    "The financial crisis has brought about a great deal of reflection, about
    the efficiency of markets, the effectiveness of governments in smoothing
    economic cycles, and the ability and willingness of profit-oriented actors
    to police themselves. Cliques and Capitalism contributes to this reflection
    by thoughtfully critiquing the American model of corporate governance: Did
    it contribute to the crisis? Has it outlived its usefulness? Is the worst
    yet to come? de Lange suggests yes, yes, and perhaps yes. Drawing on theory
    and a variety of practices from around the world, she also proposes a
    'sustainable' model of corporate governance that might avert future
    problems. But can we get from here to there?" --Olav Sorenson, professor,
    Yale School of Management


    "'Too big to fail' became the mantra of the recent financial crises on Wall
    Street. But de Lange's analysis in this book shows that the problems go much
    deeper. Using support from a variety of academic theories, and grounding her
    work in the practical realities of toady's model of the firm, she points out
    that American capitalism has systemic problems that won't go away easily.
    She is not afraid to gore some sacred cows, most notably that the
    democratization of markets is a myth as real power is held by what she calls
    a 'stock market bureaucracy.' And she is not afraid to offer solutions to
    this problem by outlining a sustainable model of the firm that is
    stakeholder and network oriented. This book is a valuable contribution for
    those that care about an American capitalism that is sustainable for the
    long term." --Andrew J. Hoffman, Holcim (US) Professor of Sustainable
    Enterprise, University of Michigan


    "This book represents a masterful weaving together of theory and practice,
    international management and strategic management, corporate governance,
    network analysis and sustainability, as well as case studies. Readers -
    researchers, students, and practitioners - interested in understanding the
    modern corporation will love this book. The author's international
    management experience and academic background bring a unique and timely
    perspective on the strengths and weaknesses of large corporations and how to
    make them work better for all stakeholders." --Avner Ben-Ner, professor,
    Center for Human Resources and Labor Studies, Carlson School of Management,
    University of Minnesota and affiliated professor, University of Minnesota
    Law School


    If you read it, I would love to receive your thoughts and comments by email:
    ddelange@mun.ca.

    Happy holidays!

    Dr. Deborah de Lange
    Assistant Professor of International Business
    Faculty of Business Administration
    Memorial University of Newfoundland
    Email: ddelange@mun.ca