“Who Owns A Company?”

The Political Quarterly Annual Lecture given past times Andy Haldane, Chief Economist at the Bank of England volition last held Mon five December, 6.00 - 8.00 pm at the Institute for Government, two Carlton Gardens,London, SW1Y 5AA. This volition last followed past times a drinks reception. You tin sign upward here.

Who owns a company? This mightiness look similar a uncomplicated inquiry amongst a uncomplicated answer. At to the lowest degree for publicly listed companies, its owners are its shareholders. It is they who claim the profits of the company, who utilization command rights over the administration of the companionship together with they whose objectives accept primacy inwards the running of the company. Yet despite its durability together with success, this corporate model has non gone unquestioned.

In recent years at that topographic point has been a rise tide of criticism of companies’ behaviour, from excessive executive remuneration, to unethical practices, to monopoly or oligopoly powers, to short-termism. This lecture volition explore unlike governance together with incentive structures together with speak over the diverse micro-economic frictions together with their macro-economic impact.

Andrew G Haldane is the Chief Economist at the Bank of England. He is likewise Executive Director, Monetary Analysis, Research together with Statistics. He is a fellow member of the Bank’s Monetary Policy Committee. He likewise has responsibleness for enquiry together with statistics across the Bank. Andrew has an Honorary Doctorate from the Open University, is Honorary Professor at University of Nottingham, a Visiting Fellow at Nuffield College, Oxford, a fellow member of Economic Council of Royal Economic Society, a Fellow of the Academy of Social Sciences together with Member of Research together with Policy Committee at the National Endowment for Science Technology together with the Arts (NESTA). He is Chairman together with co-founder of ‘Pro Bono Economics’, a charity which brokers economists into charitable projects. Andrew has written extensively on domestic together with international monetary together with fiscal policy issues together with has published over 150 articles together with 4 books. In 2014, TIME periodical named him 1 of the 100 almost influential people inwards the world.






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