"Truly a distinguished piece of work, based on new data that had not been analyzed before. There is an excellent combination of historical perspective, conscientious examination of a great mass of data, and penetrating analysis."--Robert Aaron Gordon, Charter Member of the Brookings Panel on Economic Activity"Contends that since the Second World War, a small number of 'giant, well-established' banks in a few major cities have re-emerged as the major group that controls large corporations. Places the financial control thesis in historical perspective from the Civil War to the present and then examines the control of the two hundred largest U.S. corporations in 1967-69 in terms of owner control, financial control, and no identified center of control. Also comments on the means of exercising control.... the author finds that a substantial portion of the largest nonfinancial corporations in 1967-69 were under the control of financial institutions; the control is exercised through the ownership of stock and the role of the bankers as creditors of the corporations."-- Journal of Economic Literature "Recent empirical evidence, made available through congressional hearings, reveals that large banking groups are exercising substantial influence over nonfinancial corporations. This is accomplished through stockholdings, creditor relationships, and directorship ties. In this excellent historical statistical analysis, Katz assesses the extent and impact of such control in a competitive economy."-- Library Journal

- 230 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Bank Control of Large Corporations in the United States
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Information
Publisher
University of California PressYear
2023Print ISBN
9780520039377
Edition
1eBook ISBN
9780520341319
Table of contents
- Contents
- Tables
- Preface
- CHAPTER ONE. The Problem of Corporate Control
- CHAPTER TWO. The Meaning of Control
- CHAPTER THREE. The Evolution of Financial Control Over Large Corporations Since 1865
- CHAPTER FOUR. The Extent of Financial Control Over the 200 Largest Nonfinancial Corporations, 1967-1969
- CHAPTER FIVE. The Exercise of Financial Control and Its Significance
- Appendices
- Selected Bibliography
- Index
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Yes, you can access Bank Control of Large Corporations in the United States by David M. Kotz in PDF and/or ePUB format, as well as other popular books in Social Sciences & Sociology. We have over 1.5 million books available in our catalogue for you to explore.