In the wake of worldwide economic turmoil and efforts toward recovery, understanding the interdependence of government and business is more important than ever. In this thoroughly updated edition, Lehne takes a comparative approach, evaluating the U.S. political economy with respect to those of Great Britain, Germany, Japan, and the EU. The book provides detailed historical context for, and a conceptual understanding of, the business-government environment, and then clarifies the roles of the major actors and outlines the regulatory and policy frameworks. Along the way, Lehne probes some of the most crucial dilemmas facing government and business today. Updates to this edition include: • expanded coverage of ethics as it relates to government and business; • greater attention to China in particular in the feature boxes on developing nations; and • a look at relations between government and business at the subnational level. A comprehensive glossary and chapter summaries enhance student learning.

Business as Social Actor

Business as social actor

Corporations are profit-maximizing institutions, but social policies affect their operations at every turn. Corporate production decisions, financial judgments, marketing strategies, and human resource choices are all embedded in dense networks of social policies. To what extent should companies be held responsible for achieving equity in the society? Should they be expected to reflect societal standards for equity in their operations, or should they be held to a higher standard? Government programs pursue a multitude of social objectives, and they enlist corporations to carry out an array of tasks. To appraise the various roles of business in social policy, it is necessary to identify the objectives government seeks to achieve with such policies and the assignments that have ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles