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The American Corporation Today (Hardcover, New)
Loot Price: R1,991
Discovery Miles 19 910
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The American Corporation Today (Hardcover, New)
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Total price: R2,011
Discovery Miles: 20 110
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Not since Edward Mason's classic book The Corporation in Modern
Society appeared in 1959 has anyone compiled an authoritative
overview of the American business firm. Such a survey is now
clearly overdue, for in the last thirty years both the corporation
and the business environment has changed radically. In The American
Corporation Today, Carl Kaysen and other leading students of
business and markets from around the country provide a much-needed
analysis of American corporate life at the end of the century.
Here is the American corporation from every angle--its postwar
history, its relation to the law, its financing, its impact on
technological innovation, its role as employer and as political
force, and much more. The contributors--all of whom are recognized
experts in their fields--not only tackle many of the same key areas
that the contributors to Mason's classic study looked at, but they
also illuminate issues that have only arisen in recent years. For
instance, Raymond Vernon describes the increasing globalization of
American business, where the net income from operations outside the
U.S. is now nearly half of that from domestic operations (as
opposed to one-tenth in the 1950s). James Q. Wilson traces how the
corporation has become a full-time political actor, showing how it
reinvented its political strategy and tactics in the 1960s in the
face of a wave of new consumer, environmental, and worker health
legislation. Gregory Acs and Eugene Steuerle show how the
corporation promotes the commonweal, acting as agent for the
employee in purchasing pension, health, and other welfare benefit
plans, while Lester Thurow casts a critical eye at the decline of
median real wages of American males over the last twenty years
(never before have a majority of American workers suffered real
wage reductions while the real per capita gross domestic product
was increasing). In other pieces, corporate finance experts Charles
Calomiris and Carlos Ramirez advocate removing legal constraints on
financial institutions that prevent them from providing the full
range of business financing from short-term debt to equity, Michael
Useem looks at the rise of education and training as a vexing
corporate issue, and Barbara Bergmann discusses the increasingly
diverse work force, arguing that ending bias is in the
corporation's best interest. And finally Neil Harris provides a
fascinating discussion of architecture, exploring how companies
have become the principle patrons of important architecture since
the 1950s.
Vital to everyone concerned with American big business today, this
collection is sure to become the new standard upon which future
studies of the corporation will be built.
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