Corrupt groups in contemporary corporations: Outside boards and inside traders
Today, our large corporations have become, in effect, more influential and powerful than government itself. Dominated by the ideology of the marketplace, governments are reluctant to curb corporations. In an era of globalization, deregulation, and privatization, moreover, they are increasingly unable to assert control, given the capacity of multinational corporations to move their resources across national boundaries as well as to dominate electoral and legislative processes through their financial contributions and lobbying power. At the same time, the forces of ''investor capitalism'' driving corporations to maximize profits and increase ''shareholder value'' create a crisis of social responsibility.