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The Power Structure of American Business - Beth Mintz

The Power Structure of American Business

Paperback Published: 1st January 1985
ISBN: 9780226531090
Number Of Pages: 352

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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.

Preface
Introduction
Constraint, Discretion, and Intercorporate Power
Managerial Autonomy, Corporate Unity, and the Role of Financial Institutions
The Structure and Functions of Unity among Financial Institutions
Bank Intervention, Institutional Stockholding, and Bank Control
The Texture of Financial Hegemony
Interlocking Directorates
The Structure of the Interlock System: The Meaning of Bank Centrality
Directional Interlocks and the Integration of Regional Groupings into the National Corporate Network
Hubs and Bridges: Unity and the Division of Labor in the Corporate Network
Financial Groups and Intracapitalist Competition
Conclusion Appendixes: Data Collection and Analysis for the Mathematical Analysis of Corporate Networks (MACNET)
Data Collection: Interlocking Directorates among Major American Corporations, 1962-66
Fundamentals of Centrality Analysis for Networks of Interlocking Directorates
Refinements in Centrality Analysis
Notes
References
Index
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780226531090
ISBN-10: 0226531090
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 352
Published: 1st January 1985
Publisher: The University of Chicago Press
Country of Publication: US
Dimensions (cm): 27.8 x 15.4  x 1.88
Weight (kg): 0.42
Edition Type: New edition

Earn 121 Qantas Points
on this Book