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Shlomit Azgad-Tromer Dr.

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Corporations And The 99%: Team Production Revisited, Shlomit Azgad-Tromer Dr. Apr 2015

Corporations And The 99%: Team Production Revisited, Shlomit Azgad-Tromer Dr.

Shlomit Azgad-Tromer Dr.

We Are the 99%" is a political slogan used by the Occupy Wall Street movement, referring to the prevailing wealth and income inequality, and claiming a divergence of corporate America from the public. This essay explores the interaction between the general public and the public corporation, and its legal manifestation.

Stakeholder theory portrays the corporation as a sphere of cooperation between all stakeholder constituencies, including the general public. Revisiting team production analysis, the essay argues that while several constituencies indeed form part of the corporate team, others are exogenous to the corporate enterprise. Employees, suppliers and financiers contribute together …