Corporate Governance

Advanced Business Law and the Legal Environment

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Our text is a comprehensive introduction to the vital subject of American government and
politics. Governments decide who gets what, when, how (See Harold D. Lasswell, Politics: Who Gets
What, When, How, [New York: McGraw-Hill, 1936]); they make policies and pass laws that are
binding on all a society’s members; they decide about taxation and spending, benefits and costs, even
life and death.
Governments possess power—the ability to gain compliance and to get people under their
jurisdiction to obey them—and they may exercise their power by using the police and military to
enforce their decisions. However, power need not involve the exercise of force or compulsion; people
often obey because they think it is in their interest to do so, they have no reason to disobey, or they
fear punishment. Above all, people obey their government because it hasauthority; its power is seen
by people as rightfully held, as legitimate. People can grant their government legitimacy because they
have been socialized to do so; because there are processes, such as elections, that enable them to
choose and change their rulers; and because they believe that their governing institutions operate
justly.
Politics is the process by which leaders are selected and policy decisions are made and executed.
It involves people and groups, both inside and outside of government, engaged in deliberation and
debate, disagreement and conflict, cooperation and consensus, and power struggles

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Detail Information

Series Title

Advanced Business Law and the Legal Environment

Call Number

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Publisher

: ., 2000

Collation

1-783

Language

English

ISBN/ISSN

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Classification

NONE

Content Type

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Media Type

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Carrier Type

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Edition

1st Edition

Subject(s)

Governance

Specific Detail Info

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Statement of Responsibility

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