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      Financialization of the Economy

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      Annual Review of Sociology
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          Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England

          The article studies the evolution of the constitutional arrangements in seventeenth-century England following the Glorious Revolution of 1688. It focuses on the relationship between institutions and the behavior of the government and interprets the institutional changes on the basis of the goals of the winners—secure property rights, protection of their wealth, and the elimination of confiscatory government. We argue that the new institutions allowed the government to commit credibly to upholding property rights. Their success was remarkable, as the evidence from capital markets shows.
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            The Categorical Imperative: Securities Analysts and the Illegitimacy Discount

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              Value Maximization, Stakeholder Theory, and the Corporate Objective Function

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                Author and article information

                Journal
                Annual Review of Sociology
                Annu. Rev. Sociol.
                Annual Reviews
                0360-0572
                1545-2115
                August 14 2015
                August 14 2015
                : 41
                : 1
                : 203-221
                Article
                10.1146/annurev-soc-073014-112402
                5d8ac4e6-f847-46c2-9543-feab9f58e379
                © 2015
                History

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