Power Structure of American Business
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€44.99
A01=Beth A. Mintz
A01=Michael Schwartz
Author_Beth A. Mintz
Author_Michael Schwartz
Category=KFFK
Category=KJ
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9780226531090
- Weight: 539g
- Dimensions: 16 x 23mm
- Publication Date: 30 Jun 1987
- Publisher: The University of Chicago Press
- Publication City/Country: US
- Product Form: Paperback
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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.
