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In Corporate Power and the Politics of Change, Matteo Gatti examines how corporations have taken on roles traditionally reserved for governments – advocating on social issues, setting internal norms, and stepping in where public institutions fall short. This phenomenon, called corporate governing, takes two forms: socioeconomic advocacy, when companies take public stances, and government substitution, when they deliver services or protections the state does not provide. Drawing on legal doctrine and insights from the social sciences, Gatti shows how this shift reflects broader pressures within firms and deep dysfunction outside them. The rise of corporate governing has also triggered political, legal, and cultural backlash that challenges its legitimacy and reach. Clear-eyed and timely, this book offers a framework for understanding how corporate power reshapes policymaking and what that means for business and democracy.

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Reviews

This is an incredibly insightful and thoughtful book about the influence of corporate power in law and politics today. It illuminates and explains the critical forces in business and government that are shaping our world during these uncertain times. It is an excellent read for all who wish to better understand contemporary business, politics, and regulation.

— Tom C. W. Lin - award-winning author of The Capitalist and the Activist

A rigorously argued, essential read for anyone grappling with the modern intersection of corporate governance, social activism, and the law.

— Elizabeth Pollman - author of The Supreme Court and the Pro-Business Paradox

Matteo Gatti has written a compelling book on what is perhaps the central corporate academic issue today: how and why has the corporation become a central nexus for the interplay of forces aiming to modernize the social setting and impact of the corporation, particularly the American corporation.

— Mark J. Roe - Harvard Law School, author of Missing the Target, Political

Determinants of Corporate Governance, and Strong Managers, Weak Owners. ‘Gatti masterfully captures the evolving landscape of corporate influence and offers a balanced assessment of the promises and risks of ‘corporate governing.

— Roberto Tallarita - Harvard Law School
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