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Working Paper 134
Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130
In their introduction to the new edition of The Modern Corporation and Private Property, Weidenbaum and Jensen critically assess the impact of developments not fully anticipated by Adolf Berle and Gardiner Means, such as the rise of the service sector, and the significant role played by institutional investors in the owner/manager equation. They note the authors' prescient observations, including the complex role of and motivating influences on professional managers, and the significance of inside information on stock markets.
Quasi-Public Corporation, The Modern Corporation, Mergers and Acquisitions, Institutional Investors, Corporate Responsibility
Economics | Public Policy
Weidenbaum, Murray L., "Introduction to The Modern Corporation and Private Property", Working Paper 134, 1990, doi:10.7936/K7ZC8122.
Murray Weidenbaum Publications, http://openscholarship.wustl.edu/mlw_papers/191.