The Power Structure of American Business
Book Details
Format
Paperback / Softback
ISBN-10
0226531090
ISBN-13
9780226531090
Publisher
The University of Chicago Press
Imprint
University of Chicago Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 30th, 1987
Print length
348 Pages
Weight
539 grams
Dimensions
2.30 x 1.60 x 0.20 cms
Product Classification:
BankingBusiness & management
Ksh 6,750.00
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Mintz and Schwartz offer a fascinating tour of the corporate world. Through an intensive study of interlocking corporate directorates, they show that for the first time in American history the loan making and stock purchasing and selling powers are concentrated in the same hands: the leadership of major financial firms. Their detailed descriptions of corporate case histories include the forced ouster of Howard Hughes from TWA in the late fifties as a result of lenders' pressure; the collapse of Chrysler in the late seventies owing to banks' refusal to provide further capital infusions; and the very different "rescues" of Pan American Airlines and Braniff Airlines by bank intervention in the seventies.
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