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Titlebook: Investing Today for the World of Tomorrow; Studies on the Inves Deutsche Bundesbank Conference proceedings 2001 Springer-Verlag Berlin Heid

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Discussion,re the norm in developed countries. Fear that industry will not undertake the investment necessary to provide adequate job growth has frequently led governments to ‘subsidize’ investment spending via the tax code.
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Discussion,ory shares to investors. While some might regard concentrated shareholdings and powerful banks as sources of strong external governance, Hellwig views them as part of an insider system that serves management rather than investors.
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Discussion,their own self-interest. Incumbent managers may also enhance their power by opening the corporate board rooms to the influence of various ‘stakeholders’, such a s employees and governments wishing to interfere in the corporations’ financial affairs.
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Discussion,oductivity effects of publicly provided infrastructure were so great that most of the famous productivity slowdown experienced by the U.S. in the 1970s could be explained by the concurrent reduction in the share of public investment to GDP.
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