Bank Control of Large Corporations in the United States

Bank Control of Large Corporations in the United States PDF Author: David M. Kotz
Publisher: Univ of California Press
ISBN: 0520341317
Category : Social Science
Languages : en
Pages : 231

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Book Description
"Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, Charter Member of the Brookings Panel on Economic Activity "Contends that since the Second World War, a small number of 'giant, well-established' banks in a few major cities have re-emerged as the major group that controls large corporations. Places the financial control thesis in historical perspective from the Civil War to the present and then examines the control of the two hundred largest U.S. corporations in 1967-69 in terms of owner control, financial control, and no identified center of control. Also comments on the means of exercising control. ... the author finds that a substantial portion of the largest nonfinancial corporations in 1967-69 were under the control of financial institutions; the control is exercised through the ownership of stock and the role of the bankers as creditors of the corporations." --Journal of Economic Literature "Recent empirical evidence, made available through congressional hearings, reveals that large banking groups are exercising substantial influence over nonfinancial corporations. This is accomplished through stockholdings, creditor relationships, and directorship ties. In this excellent historical statistical analysis, Katz assesses the extent and impact of such control in a competitive economy." --Library Journal This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1978. "Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, C

Bank Control of Large Corporations in the United States

Bank Control of Large Corporations in the United States PDF Author: David M. Kotz
Publisher: Univ of California Press
ISBN: 0520341317
Category : Social Science
Languages : en
Pages : 231

Get Book Here

Book Description
"Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, Charter Member of the Brookings Panel on Economic Activity "Contends that since the Second World War, a small number of 'giant, well-established' banks in a few major cities have re-emerged as the major group that controls large corporations. Places the financial control thesis in historical perspective from the Civil War to the present and then examines the control of the two hundred largest U.S. corporations in 1967-69 in terms of owner control, financial control, and no identified center of control. Also comments on the means of exercising control. ... the author finds that a substantial portion of the largest nonfinancial corporations in 1967-69 were under the control of financial institutions; the control is exercised through the ownership of stock and the role of the bankers as creditors of the corporations." --Journal of Economic Literature "Recent empirical evidence, made available through congressional hearings, reveals that large banking groups are exercising substantial influence over nonfinancial corporations. This is accomplished through stockholdings, creditor relationships, and directorship ties. In this excellent historical statistical analysis, Katz assesses the extent and impact of such control in a competitive economy." --Library Journal This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1978. "Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis." --Robert Aaron Gordon, C

Bank Control of Large Corporations in the United States

Bank Control of Large Corporations in the United States PDF Author: David Michael Kotz
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 217

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Book Description


Bank Control of Large Corporation in the United States

Bank Control of Large Corporation in the United States PDF Author: David Michael Kotz
Publisher:
ISBN:
Category :
Languages : en
Pages : 476

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Book Description


Bank and Financial Control Among Large U.S. Corporations

Bank and Financial Control Among Large U.S. Corporations PDF Author: Peter Mariolis
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 132

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Control of Commercial Banks and Interlocks Among Financial Institutions

Control of Commercial Banks and Interlocks Among Financial Institutions PDF Author: United States. Congress. House. Committee on Banking and Currency. Subcommittee on Domestic Finance
Publisher:
ISBN:
Category : Bank stocks
Languages : en
Pages : 108

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Control and Regulation of Bank Holding Companies

Control and Regulation of Bank Holding Companies PDF Author: United States Congress. House. Banking and Currency Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 60

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Control of Commercial Banks and Interlocks Among Financial Institutions

Control of Commercial Banks and Interlocks Among Financial Institutions PDF Author: United States. Congress. House. Committee on Banking and Currency. Subcommittee on Domestic Finance
Publisher:
ISBN:
Category : Bank stocks
Languages : en
Pages : 102

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Book Description


Managing in the Corporate Interest

Managing in the Corporate Interest PDF Author: Vicki Smith
Publisher: University of California Press
ISBN: 0520356403
Category : Social Science
Languages : en
Pages : 256

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Book Description
In the 1980s, corporate America experienced massive cutbacks and organizational decline after decades of economic growth and dominance. The institutional and ideological changes that were part of the transformation created a new landscape of work and social relations for corporate middle managers. Managing in the Corporate Interest assesses this landscape by examining a large diversified bank that restructured its organizational and personnel policies to meet a new era of corporate competition. Drawing on interviews with managers and personnel management employees, observation of management training seminars, and documentary sources, this book examines the unique mission handed to middle managers to scale back paternalistic employment policies. It also analyzes the intra-management conflict incurred when corporate top managers attempted to disguise their downsizing strategies and refused to acknowledge their own role in creating the bank’s economic crisis. Vicki Smith's work suggests that quick-fix strategies such as downsizing and cutbacks, which dominated corporate profitability strategies in the 1980s, can corrode trust and legitimacy in the workplace. In the long run, such strategies also undermine consent to the current and very necessary transformation of the way American firms do business. Managing in the Corporate Interest contains important lessons about the rise and decline of economic enterprises and provides a wide-ranging look at changes in the management, structure, and production processes of American corporations. Richly documented and accessibly written, this incisive work will appeal to business people and scholars alike. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1990.

Control of Bank Holding Companies

Control of Bank Holding Companies PDF Author: United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Banking
Publisher:
ISBN:
Category : Bank holding companies
Languages : en
Pages : 552

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Book Description


International Networks of Banks and Industry

International Networks of Banks and Industry PDF Author: M. Fennema
Publisher: Springer Science & Business Media
ISBN: 9400975236
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Research into interlocking directorates and other organizational ties between large corporations dates back to the beginning of the century. In Germany and the United States interlocking directorates became an important means of coordination and control of large corporations and banks at the end of the nineteenth century and were, as a result, particularly subject to scientific investigation and public debate. Trusts were regarded with mistrust, especially in the United States, where John Moody's study from 1904 was significantly entitled The Truth about Trusts. In Germany much attention was paid to the role-or-the large Berlin banks in the economic development. The first large study in Germany carried the prolix title The Relationship between the Large German Banks and Industry with Special Reference to the Iron Industry (Jeidels, 1905). ---- --------- The studies in the United States were predominantly induced and even carried out by committees of the Federal Congress. In Europe, on the other hand, the labor movement soon became interested in the patterns of interlocking directorates. In the Netherlands, for example, Wibaut, a socialist leader, carried out a study on interlocking directorates, copying the research design of Jeidels. Accordingly, two different schools can be distinguished from the start: the Marxian school which developed the concept of finance capital to explain the existing interlocking directorates, and the institutional economists who used the concept of economic power to explain the same phenomenon.