CHAPTER ONECorporations and Investors
SETTING THE STAGE
Chapter 1 provides context for the rest of the book. It includes a discussion of just what makes business entities like corporations so important to the global economy. It also explores the special privileges such entities enjoy, and the historical path that led to these privileges. Next is a brief exploration of the system through which savers channel their capital to the productive economy and of how that system interacts with corporations, which are often the final stop for capital flowing through the investment chain. Finally, the chapter raises the question whether the participants in the investment chain should have obligations to safeguard the vital systems they impact, in light of ...
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