Introduction to The Modern Corporation and Private Property

Authors

Murray L. Weidenbaum, Washington University in St Louis

Files

Publication Date

9-1-1990

Series Information

Working Paper 134

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

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.

Keywords

Quasi-Public Corporation, The Modern Corporation, Mergers and Acquisitions, Institutional Investors, Corporate Responsibility

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis. Permanent URL: http://dx.doi/org/10.7936/K7ZC8122

DOI

doi:10.7936/K7ZC8122

Recommended Citation

Weidenbaum, Murray L., "Introduction to The Modern Corporation and Private Property", Working Paper 134, 1990, doi:10.7936/K7ZC8122.
Murray Weidenbaum Publications, https://openscholarship.wustl.edu/mlw_papers/191.