The Emergence of Managerial Capitalism

1984/01/01 by Alfred D. Chandler
Social Sciences · #Elite Sociology and Global Capitalism

paper · doi:10.2307/3114162

Abstract

In this article, Professor Chandler compares and contrasts the emergence of managerial capitalism in the United States, Great Britain, Germany, and Japan. Though he observes that large firms tended to evolve according to a common pattern, he is equally impressed by international differences in the pace, timing, and character of change.

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