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But while some see legislation as the means of restraining "corporate mercenaries", many of the security companies see it as a badge of respectability that will open up lucrative corporate, government and international contracts.The firms face a dilemma: they may want to dispel any notion that they are mercenaries, but they also trade on the warrior mystique.
His suggestions include restraining corporate contributions and securing public funds for financing campaigns.
Similar(54)
"As there is less investment available that restrains consumer spending, it restrains corporate spending".
Maybe, but 1968 was the height of the "big is bad" bias against business and for the notion that government should step in to restrain corporate power.
But in theory at least, two groups of professionals -- audit firms and securities analysts -- had a duty to investors to restrain corporate managers' most self-serving impulses and subject their actions to skeptical scrutiny.
Following the era of Progressive and New Deal reforms that restrained corporate influence in American politics following the infamous Robber Baron Era, market fundamentalists were once again motivated and radicalized by the social turbulence of the 1960s.
Individual and institutional shareholders didn't restrain the corporate bosses because over the decades corporate managers have rendered shareholders powerless.
Before the attacks, pledges by the candidate George W. Bush to limit corporate liability and restrain what critics called runaway juries were considered sops to the business community that would have a difficult time being adopted in the face of powerful opposition from trial lawyers and consumer groups.
In a series of cases, including Santa Clara, the Court thwarted attempts by state and local governments to restrain commercial and corporate interests.
There is much that we can do to tackle crony capitalism: restrain bonuses, improve corporate governance, enhance competition in key markets, and toughen up supervisory bodies.
Congress has shown little appetite for restraining the overweening power of the corporate interests promoting this expansion.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com