Gently used. Expect delivery in 2-3 weeks. Buchnummer des Verkäufers
Inhaltsangabe: Argues that recent initiatives by industrial management were directed more toward short-term gains than improving efficiency.
In this timely work, Dan Krier examines the relationship between two phenomena that dominated the economic scene in the late twentieth century: the rising power of financial markets and the restructuring of American industry. He argues that corporate governance was transformed during this period into speculative teams of stock-optioned executives and activist owners. These teams encouraged a vigorous restructuring of American industry through corporate buyouts, takeovers, reengineering, and downsizing. Often portrayed in business discourse as initiatives to enhance the efficiency and long-range profitability of industrial operations, these corporate changes were, instead, primarily what Krier describes as speculative management practices, used to manipulate the trading price of corporate securities, even at the expense of operational efficiency and long-term profitability.
Krier also analyzes social intermediaries—institutions that connect industrial firms to security markets and allow them to interact. He focuses on corporate governance structures composed of stock-optioned top managers, big owners, and their representatives on corporate boards; financial accounting rules and practices; and the business media that analyze corporate actions and results.
?The volume is supported by excellent research and a wealth of statistical data ? An important reference item for every business collection.? ? CHOICE
"Few topics are more relevant in our present era of economic restructuring and globalization than an understanding of the forces that drive this process. As Krier notes, the American style of speculative management is itself being exported abroad, which is a strong argument for the contemporary relevance of this book. Well written, well argued, and based on solid scholarship, this book makes a major contribution to the field." — Patrick A. Akard, Kansas State University
"Krier provides important insights into how corporate management used generally accepted accounting principles to inflate earnings and stock values in the late twentieth century." — Harland Prechel, author of Big Business and the State: Historical Transitions and Corporate Transformations, 1880s–1990s
Über den Autor: Dan Krier is Assistant Professor of Sociology at Iowa State University.
Titel: Speculative Management: Stock Market Power ...
Verlag: State Univ of New York Pr
Zustand: very good
Buchbeschreibung State University of New York Press, 2005. Buchzustand: As New. N/A. Book in almost Brand New condition. Buchnummer des Verkäufers GRP91386873
Buchbeschreibung State Univ of New York Pr, 2005. Hardcover. Buchzustand: Used: Good. Buchnummer des Verkäufers SONG0791463494
Buchbeschreibung State University of New York Press. Hardcover. Buchzustand: Very Good. 0791463494 Crisp, clean, unread hardcover with light shelfwear to the boards and stamped "non-refundable" along the edge - NICE!. Buchnummer des Verkäufers Z0791463494Z2