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Investor Capitalism: How Money Managers are Rewriting the Rules of Corporate Am
GBP 18.23
ApproximatelyPHP 1,367.67
Condition:
Very Good
A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear.
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eBay item number:304874488918
Item specifics
- Condition
- Title
- Investor Capitalism: How Money Managers are Rewriting the Rules
- ISBN
- 9780465050314
About this product
Product Information
General Motors and IBM dismissed their chief executives and laid off thousands of employees. Sears cut staff, closed its catalog, and auctioned off divisions. American Airlines, Bell Atlantic, and Digital Equipment reengineered their operations. Chase and Chemical Banks merged, while ITT and AT&T divided themselves. Taken in isolation, each company action may appear to be the product of unique circumstances, but behind each merger, each breakup, each shake-up, is the growing power of investors. And the investors wielding this power are not the plutocrats of old but the managers of pension funds, bank trusts, insurance contracts, charity endowments, mutual funds, and 401(k) plans. Pooling the money of millions of small investors, these managers have built massive stakes in the nations enterprises, and in recent years they have begun to flex their muscles in reshaping corporate direction and improving company performance. The old rules of investing used to be simple and clear: you bought shares and left the operation of the company to a group of professional managers; if you where unhappy with the firms performance, you sold your shares and moved on. But with the rise of large institutional investors, the option of selling has become problematic. Its one thing to cash out when you own a hundred shares of a company; its another thing entirely when you own a hundred thousand shares. So fund managers have adopted a new strategychanging the corporations policies from withinwith dramatic results. Investor Capitalism documents the ensuing struggles among interested parties that have transformed the way in which business goes about its business. Michael Useem takes us inside the boardrooms and into the proxy battles to track the origins of this shift in corporate power and analyze what it has meant for corporations, shareholders, employees, and the American economy. His insights reveal a brave new world of business, which we ignore at our peril.
Product Identifiers
Publisher
Basic Books
ISBN-13
9780465050314
eBay Product ID (ePID)
86525162
Product Key Features
Publication Year
1999
Subject
Finance, Business
Number of Pages
352 Pages
Language
English
Publication Name
Investor Capitalism: How Money Managers Are Rewriting the Rules of Corporate America
Type
Textbook
Format
Paperback
Dimensions
Item Height
236 mm
Item Width
156 mm
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Seller business information
VAT number: GB 724498118
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- i***8 (820)- Feedback left by buyer.Past monthVerified purchaseWhilst it was a second hand item, it stated it was very good. I wouldn't go that far, good at best. But for the cost I can't really complain
- b***y (116)- Feedback left by buyer.Past monthVerified purchaseExcellent seller – item exactly as described and arrived quickly. Highly recommended!
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