000 02215nam a2200241Ia 4500
005 20250604113255.0
008 008 250516s9999 xx 000 0 eng d
020 _a9781032707068
040 _aSDCL
_beng
_cSDCL
041 _aeng
_2eng
084 _aX:77 R5
_qSDCL
100 _aBanerjee, Asis Kumar
_9729391
245 0 _aInequality, economic growth and business decision-making
260 _aLondon :
_bRoutledge,
_c2025.
300 _axiii, 114p.
365 _aUKP
_b48.99
490 _aRoutledge focus on management and society
520 _aIt is now widely recognised that rising inequality of income and wealth on the one hand and a slowdown in the rate of economic growth on the other are two of the most important challenges faced today by the global economy as well as by most of the developing economies. This book starts by explaining how these two issues are interrelated. There is no dearth of books on the role that the economic policies of the government can play in meeting these twin challenges. The role of business managers in the private sector of the economy, however, is a relatively neglected area. This book seeks to close this gap in the literature. The central message of the book is that, contrary to popular belief, it is in the interests of private business itself that business managers take into account the effects that their decisions have on the economy as a whole. It is shown that a failure to do so would hurt their own economic prospects in both the short run and the long. Emphasis is given on the importance of an appropriate orientation of managerial decisions and on the role of investors (i.e. the suppliers of capital) in inducing managers to take socially optimal decisions. The book is addressed as much to business managers and students in management courses as to the general reader. Therefore, no prior knowledge of advanced economic theory is presumed. All arguments are built from first principles.
650 _aBusiness & Economics / Commercial Policy
_9811696
650 _aBusiness & Economics / Decision-Making & Problem Solving
_9811697
650 _aBusiness & Economics / Development / Business Development
_9811698
942 _cTEXL
_2CC
_n0
999 _c1429816
_d1429816