Corporate Governance since the Managerial Capitalism Era
Accepted version
Peer-reviewed
Repository URI
Repository DOI
Change log
Authors
Cheffins, BR
Abstract
jats:pExecutives of today's public companies face a considerably different set of opportunities and constraints than did their counterparts in the managerial capitalism era, which reached its apex in the 1950s and 1960s. The growing importance of corporate governance featured prominently as circumstances changed for those running public companies. This article explores these developments, taking into account high-profile corporate scandals occurring in the first half of the 1970s and the early 2000s, the 1980s “Deal Decade,” the “imperial” chief executive phenomenon, and changes to the roles played by directors and shareholders of public companies.</jats:p>
Description
Keywords
corporate governance, boards of directors, takeovers, executive pay, shareholder activism
Journal Title
Business History Review
Conference Name
Journal ISSN
0007-6805
2044-768X
2044-768X
Volume Title
89
Publisher
Cambridge University Press (CUP)