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Corporate control, corporate power: a twentieth century fund study

Author: Herman, Edward S. Publisher: Cambridge University Press (CUP) 1981.Language: EnglishDescription: 432 p. ; 24 cm.ISBN: 0521239966Type of document: BookBibliography/Index: Includes bibliographical references and index
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Item type Current location Collection Call number Status Date due
Book Doriot Library
Main Collection
Print HD2731.33 .U7 H47 1981
(Browse shelf)

Includes bibliographical references and index


Corporate control, corporate power Corporate control, corporate power Contents Lisl of tables andfigure Foreword by M . J . Rossant Preface Corporate control: background and issues The large corporation and its impact The Modern Corporation and Private Property The triumph of managerialism Corporate control: overview and prospectus Control and strategic position The concept of control Strategic position as the basis of control The board of directors Stability and instability of control via strategic position Concluding note Control o f the large corporation: evolution and present status Classification of control of the largest nonfinancial corporations The evolution of control of the large corporation: 1900-197s page vii xi xiii T I 5 9 14 17 17 26 30 48 52 53 54 65 68 8s I 06 112 Factors underlying the evolving pattern of control The persistence of ownership influence and the profit incentive Cont'rol form and performance Concluding note Financial control o f the large corporation Financial and industrial control Sources of financial power and control The threat of financAl control 1 I J I4 I 4 17 IS4 Financial influence over the large corporation in the 1970s Concluding note 5 Government a n d the large corporation Government and business: the background The economic role of governments Government representation among the largest corporations Government regulation The decline of the cartel-regulated sector in the universe of large corporations The effectiveness of regulation Concluding note T h e centralization o f corporate p o w e r Trends in corporate size Supracorporate centralization Interlocking directorates among the largest corporations Other intercorporate linkages The importance of intercorporate linkages Interest groups Dissociative factors Concluding note Power, responsibility, a n d conflicting imperatives Major themes and some policy implications Corporate reform and its limits Structural change and corporate responsiveness Final comments 6 7 Appendix A C o n t r o l classification o f t h e 200 largest nonfinancial corporations, mid-I 970s Appendix B C o n t r o l classification ,of a sample o f 40 of t h e largest nonfinancial corporations, i 900-1 g o I Appendix C T h e relationship between control f o r m and performance f o r 72 large nonfinancial firms, Notes Index

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