The Embedded Corporation

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Exploring the complexities of corporate governance, the book delves into the balance between shareholders, executives, and employees amidst global challenges like layoffs and scandals. It highlights the distinct responses of Japanese and American corporations to globalization, attributing these differences to their unique economic histories and social norms. The author, Sanford Jacoby, argues that rather than homogenizing corporate practices, global competition has accentuated these national variations, offering a nuanced perspective on modern business operations.