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Riassunto: A quiet revolution came to corporate America during the late 1980s and early 1990s. Large shareholders - pension funds, insurance companies, money managers, and commercial banks - exercised new-found muscle, pressuring senior managers to improve disappointing financial results by reshaping their organizations. Michael Useem reveals how those investor pressures have transformed the inside structures of many corporations, better aligning them with shareholder interests.
Useem draws on numerous sources, including interviews with senior managers and intensive studies of seven large corporations representing a range of restructuring experiences and industries - including pharmaceuticals, transportation, chemicals, retailing, and financial services. He shows that organizational changes have affected many areas of corporate life: headquarters staffs have been reduced, authority has filtered down to operating units, and compensation has become more closely tied to performance. Change also extends to corporate governance, where managers have fought back by seeking legal safeguards against takeovers and by staggering board terms. They've also put significant resources into building more effective relations with shareholders.
As Useem demonstrates, this revolution has reached beyond the corporation, influencing American politics and law. As increasing ownership concentration has caused companies to focus more attention on shareholders, corporate political agendas have shifted from fighting government regulation to resisting shareholder intrusion.
This book will be important reading for managers, economists, lawyers, financial analysts, and all observers of American business.
L'autore: Michael Useem is Professor of Sociology (School of Arts and Sciences), Professor of Management (the Wharton School), and Rose Term Professor in the Social Sciences at the University of Pennsylvania.
Titolo: Executive Defense - Shareholder Power & ...
Casa editrice: Harvard University Press
Data di pubblicazione: 1993
Condizione libro: New
Descrizione libro Harvard University Press, 1993. Condizione: Very Good. Ships from Reno, NV. Former Library book. Great condition for a used book! Minimal wear. Codice articolo GRP97433218
Descrizione libro Harvard University Press. Hardcover. Condizione: VERY GOOD. Light rubbing wear to cover, spine and page edges. Very minimal writing or notations in margins not affecting the text. Possible clean ex-library copy, with their stickers and or stamp(s). Codice articolo 2819543431
Descrizione libro Harvard University Press. Hardcover. Condizione: GOOD. Spine creases, wear to binding and pages from reading. May contain limited notes, underlining or highlighting that does affect the text. Possible ex library copy, thatâ€™ll have the markings and stickers associated from the library. Accessories such as CD, codes, toys, may not be included. Codice articolo 2896297205
Descrizione libro Harvard University Press. Hardcover. Condizione: Very Good. 0674273982 May have publisher overstock mark on spine or light creases. No writing or discoloring marks. Please view our store policies for all shipping and condition grades, thank you. Codice articolo 402801
Descrizione libro Harvard University Press, 1993. Hardcover. Condizione: Used: Good. Codice articolo SONG0674273982
Descrizione libro Harvard University Press, 1993. Condizione: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Codice articolo 0674273982-2-4
Descrizione libro Harvard, 1993. Hardcover. Condizione: Good. Condizione sovraccoperta: Very Good. A few pages have ink markings. ; 289 pages. Codice articolo 60157
Descrizione libro Harvard University Press, 1993. Hardcover. Condizione: Very Good. Great condition with minimal wear, aging, or shelf wear. Codice articolo P020674273982
Descrizione libro Cambridge : Harvard University Press, 1993. Paperback. xi,289 pp. Condition : fine. Condition : als nieuw. ISBN 9780674273986 KEYWORDS: ECONOMICS. Codice articolo 262969
Descrizione libro Harvard University Press, 1993. Hardcover. Condizione: Like New. Almost new condition. Codice articolo P010674273982