We argue in favour of the shareholder model of the firm for three main reasons. First, serving multiple stakeholders leads to ill-defined property rights. What sounds like a fair compromise between stakeholders can easily evolve in a permanent struggle between the stakeholders about the ultimate...

Many studies have underlined the existence of clear and persistent differences in the levels of political interest among European citizens. In this report these differences and developments in political involvement and political apathy are described and analysed, and conventional explanations in...