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Understanding the challenges of corporate governance is central to our comprehension of the economic dynamics driving corporations today. Among the most important institutions in capitalism today, corporations and joint-stock companies had their origins in Europe during the seventeenth and eighteenth centuries. And as they became more prevalent, the issue of internal governance became more pressing. At stake—and very much contested—was the allocation of rights and obligations among shareholders, directors, and managers.

This comprehensive account of the development of corporate governance in Britain and Ireland during its earliest stages highlights the role of political factors in shaping the evolution of corporate governance as well as the important debates that arose about the division of authority and responsibility. Political and economic institutions confronted similar issues, including the need for transparency and accountability in decision making and the roles of electors and the elected, and this book emphasizes how political institutions—from election procedures to assemblies to annual reporting—therefore provided apt models upon which companies drew readily. Filling a gap in the literature on early corporate economy, this book provides insight into the origins of many ongoing modern debates.

Staying Power is a panoramic history of black Britons. First published in 1984 amid race riots and police brutality, Fryer’s history performed a deeply political act, revealing how Africans, Asians, and their descendants had been erased from British history.
            Stretching back to the Roman conquest, encompassing the court of Henry VIII, and following a host of characters from the pioneering nurse and war hero Mary Seacole to the abolitionist Olaudah Equiano, Peter Fryer paints a picture of two thousand years of black presence in Britain. By rewriting black Britons into British history, showing where they influenced political traditions, social institutions, and cultural life, Staying Power presented a radical challenge to racist and nationalist agendas. This edition includes a new foreword by Gary Younge examining the book’s continued significance in shaping black British identity today, alongside the now-classic introduction by Paul Gilroy.