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Investor Capitalism: How Money Managers Are Rewriting The Rules Of Corporate America by Michael Useem (1996-05-16)

Investor Capitalism: How Money Managers Are Rewriting The Rules Of Corporate America by Michael Useem (1996-05-16)

Michael Useem
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Michael Useem, a professor of management at the Wharton School of Business, explains an economic transformation that is not only changing corporate America but is having profound effects on the rest of society. Namely, that the managers of mutual funds now command so much power that corporate CEOs practically plead to have their stocks included in the fund. In turn, to make their stock appear attractive, CEOs are downsizing and restructuring companies in any way Wall Street deems favorable. And, strikingly, we approve of this action by supporting mutual funds. A revealing work.
Format
Hardcover
Release
January 01, 1996

Investor Capitalism: How Money Managers Are Rewriting The Rules Of Corporate America by Michael Useem (1996-05-16)

Michael Useem
0/5 ( ratings)
Read Download
Michael Useem, a professor of management at the Wharton School of Business, explains an economic transformation that is not only changing corporate America but is having profound effects on the rest of society. Namely, that the managers of mutual funds now command so much power that corporate CEOs practically plead to have their stocks included in the fund. In turn, to make their stock appear attractive, CEOs are downsizing and restructuring companies in any way Wall Street deems favorable. And, strikingly, we approve of this action by supporting mutual funds. A revealing work.
Format
Hardcover
Release
January 01, 1996

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