Martin Lipton on 'State Corporatism'

http://www.futureofcapitalism.com/2009/12/martin-lipton-on-state-corporatism

The Economist nails super-lawyer Martin Lipton for a paper in which Mr. Lipton warns against changes that would reduce the competitiveness of American firms against "companies that have the advantages of state corporatism, like those in China." Writes the Economist: "Well, maybe. Most directors and executives that your columnist has met would rather work for an American company than a Chinese one, and are far less convinced than Mr Lipton of the advantages of state corporatism." Just ask the managing editor of Automotive News China.

by Editor  |  Dec 2, 2009 at 4:03 pm Related Topics:  Banking, China, Corporate Governance, Government ownership, Press receive the latest by email: subscribe to the free futureofcapitalism.com mailing list