The Transformation of Corporate Control PDF
Preview The Transformation of Corporate Control
| | : = fy n o i t a m r o f s n a r T C o r p o ra t e C o n t r o l iZ N e i l F l i g s t e i n ” Digitized by the Internet Archive in 2022 with funding from Kahle/Austin Foundation https://archive.org/details/transformationofO00Oflig The Transformation of Corporate Control The Transformation of Corporate Control Neil Fligstein Harvard University Press Cambridge, Massachusetts London, England Copyright © 1990 by the President and Fellows of Harvard College All rights reserved Printed in the United States of America I 9 & 7 © 5 4 3B 2 First Harvard University Press paperback edition, 1993 Library of Congress Cataloging in Publication Data Fligstein, Neil. The transformation of corporate control / Neil Fligstein. - cm. Includes bibliographical references. ISBN 0-674-90358-7 (alk. paper) (cloth) ISBN 0-674-90359-5 (pbk.) 1. Trade regulation—United States—History. 2. Antitrust law— United States—History. 3. Big business—United States—History. 4. Consolidation and merger of corporations—United States—History. a Tule: HD3616.U46F57 1990 89-15586 338.6/048’0973—dc20 GIP as For Christine Acknowledgments First, I wish to acknowledge the work of Alfred Chandler. While much of what I say is antithetical to his work, his penetrating insights into the history of American business are the starting point for any serious work on this topic. Those who are familiar with his work will see its influence on mine. Over time, I have benefited from the comments of a large number of people. In particular, I would like to thank Doug McAdam, John Meyer, Harrison White, and Mayer Zald, all of whom read the manuscript in its entirety. Thomas McCraw read the manuscript twice for Harvard University Press and gave serious comments that have reshaped the manuscript and pushed it toward its present form. I owe an extremely large debt to his unrelenting criticism. The other anonymous readers of the manu- script also provided invaluable help. I thank Gerhard Arminger, Jim Baron, Paul DiMaggio, Ken Dauber, Roger Friedland, Stan Lieberson, Jim Lincoln, Don Palmer, Charles Perrow, Jeff Pfeffer, Woody Powell, and Dick Scott for useful comments along the way. Michael Aronson, General Editor at the Press, has helped with substantive comments and good advice on the overall struc- ture of the book. Naomi Lamoreaux and Ralph Nelson graciously gave me their data on the industries and firms involved 1n the turn of the century merger movement. The Department of Sociology at the University of Arizona has proved a congenial location for my work. My colleagues have lis- tened to me discuss this book, first at a faculty seminar in 1982 when I had just begun to write it, and later at an ongoing series of lectures. The Department has also provided material support without which I could not have completed this book. I have had a number of research assistants and would like to thank Peter Brantley, David Chang, Cam Counters, Beverly Lanzetta, Erin Vill Acknowledgments McBryde, and Sherry Sinclair for their help. Barb MacIntosh helped type and retype the manuscript. A series of grants from the Social and Behavioral Sciences Research Institute at the Univer- sity of Arizona made it possible for me to travel to collections and gather data. Numerous libraries and archives aided my work tremendously. At various times, librarians and archivists at the University of Arizona Library (particularly in Government Documents), the Library of Congress, the Baker Library at the Harvard Business School, the National Archives, the Justice Department Library, the Federal Trade Commission Library, and the National Archives branch containing the Nixon Presidential Papers helped in my search for primary documents. I acknowledge the kind permission to use tabular material from Michael Gort, Diversification and Integration in American Industry, copyright © 1962 by National Bureau of Economic Research, published by Princeton University Press; and excerpts from Alfred Sloan, My Years with General Motors, copyright © 1963 by Alfred P. Sloan, Jr., reprinted by permission of Harold Matson Co., Inc. Finally, my thanks to Christine Breit Fligstein, who has never known me when I was not finishing this book. Well, now it’s done.
The list of books you might like
