Reference no: EM133353059

Questions:

1. How did Keynes explain crises (e.g., depressions) in capitalist economies, and what solutions did he recommend?

2. What is a natural monopoly, and how might it be regulated? What are "network effects" and why might they give rise to something similar to a natural monopoly?

3. What were the main industries characteristic of each of the 4 industrial revolutions? In which of those revolutions did corporations not play a direct role?

4. How did railroads both exemplify and contribute to big business during the 2d Industrial Revolution period?

5. Who was Alfred Sloan? What did he mean by describing the multidivisional firm as an "objective organization"? What is the difference between a multidivisional firm and a conglomerate?

6. What is "shareholder activism"? What effect might it have on corporate decision making?

7. Why does Stanford think Watkins's prescription of encouraging domestic linkages and diversification from staples production is still relevant, even though environmental goals require downscaling of staples (especially, e.g., fossil fuels) production?

8. What and when was the Canadian "National Policy"? What were its main elements and its goals? What and when was Canadian "economic nationalism"? What were its causes and outcomes?

9. How do shareholder primacy theories and stakeholder theories differ in their views about the fiduciary duties of corporate directors?

10. What are the limitations of stakeholder theories of corporate governance in the context of liberal market economies?

11. What is the difference between corporate governance in Germany and in Anglo-American liberal market systems?

12. What are mutual funds? How do index funds differ from other kinds of mutual funds? Why are index funds referred to as "passive investors"? What are the pros and cons of the increasing proportion of publicly traded corporate shares being held by index funds?