(Source: OUP)
Oxford
University Press is publishing a book on the history of the public company in
the USA during the 20th century
ABOUT THE BOOK
For decades, the
public company has played a dominant role in the American economy. Since the
middle of the 20th century, the nature of the public company has changed
considerably. The transformation has been a fascinating one, marked by
scandals, political controversy, wide swings in investor and public sentiment,
mismanagement, entrepreneurial verve, noisy corporate "raiders" and
various other larger-than-life personalities. Nevertheless, amidst a voluminous
literature on corporations, a systematic historical analysis of the changes
that have occurred is lacking. The Public Company Transformed correspondingly
analyzes how the public company has been recast from the mid-20th century
through to the present day, with particular emphasis on senior corporate executives
and the constraints affecting the choices available to them. The chronological
point of departure is the managerial capitalism era, which prevailed in large
American corporations following World War II. The book explores managerial
capitalism's rise, its 1950s and 1960s heyday, and its fall in the 1970s and
1980s. It describes the American public companies and executives that enjoyed
prosperity during the 1990s, and the reversal of fortunes in the 2000s
precipitated by corporate scandals and the financial crisis of 2008. The book
also considers the regulation of public companies in detail, and discusses
developments in shareholder activism, company boards, chief executives, and
concerns about oligopoly. The volume concludes by offering conjectures on the
future of the public corporation, and suggests that predictions of the demise
of the public company have been exaggerated.
ABOUT THE AUTHOR
Brian R.
Cheffins has been since 1998 the S.J. Berwin
Professor of Corporate Law at Cambridge University. He has held visiting
appointments at Columbia, Duke, Harvard, Oxford, Stanford, the University of
British Columbia and the University of Western Ontario. Professor Cheffins has
written widely in the areas of corporate law, corporate governance and business
history.
TABLE OF CONTENTS
List of Figure
List of Tables
Chapter One:
Introduction
Chapter Two:
Managerial Capitalism
Chapter Three --
The 1970s: Managerial Capitalism Sustained But "Something Happened"
Chapter Four --
The 1980s: Managerial Capitalism Taken Over
Chapter Five --
The 1990s: Gloom to Euphoria and Back
Chapter Six: The
2000s: The Decade From Hell
Chapter Seven:
The Future of the Public Company
Index
More information
here
No comments:
Post a Comment