The Transformation of Corporate Control
Douban
Neil Fligstein
Overview
Neil Fligstein challenges prevailing theories of the corporation and proposes a radically new view in which the firm is driven not so much by market forces as by the state and its policies toward business. Fligstein traces the evolution, over the past century, of corporate strategy from an initial emphasis on direct control to one of manufacturing, then sales and marketing, and finally today’s focus on finance.
contents
1. Introduction
2. Direct Control, the State, and the Large Firm
3. The Manufacturing Conception of Control
4. The Sales and Marketing Conception of Control
5. The Emergence of the Celler-Kefauver Act, 1938–1950
6. The Impact of the Celler-Kefauver Act, 1948–1980
7. The Finance Conception of Control
8. Diversification in Large Firms
9. The Social Construction of Efficiency
Appendix A. Industrial Location of Cartels and Mergers
Appendix B. Survival of Merged Firms, 1895–1919
Appendix C. The Data Set
Appendix D. Models for the 100 Largest Firms, 1919–1979
Appendix E. Antitrust Enforcement and Mergers, 1950–1980
Notes
Bibliography
Index