||0 of 0 people found the following review helpful.| "polyarchic financial hegemony"|By Stephen Thompson|In this book Scott convincingly argues that managerial control of corporations has never been the norm. Capitalists and their representatives—usually a mix of banks and other financial institutions—exercise powerful constraints on corporate policy. The exact nature and severity of these constraints varies over t||`To date, this book represents the most comprehensive coverage of the variations of corporate governance. John Scott has done us a service in bringing together the data on ownership patterns, banking interlocks, size, network density, and many more features
Our lives are shaped to an enormous extent, and often in unperceived ways, by large multinational corporations. How are the growth, power, and significance of these big businesses to be explained and understood? Focusing on issues of ownership, control, and class formation, Corporate Businessand Capitalist Classes explores the implications of these changes in the nature of big business
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