Advanced Search
MyIDEAS: Login to save this book or follow this series

The Power Structure of American Business


Author Info

  • Mintz, Beth A.
  • Schwartz, Michael
Registered author(s):


    Mintz and Schwartz offer a fascinating tour of the corporate world. Through an intensive study of interlocking corporate directorates, they show that for the first time in American history the loan making and stock purchasing and selling powers are concentrated in the same hands: the leadership of major financial firms. Their detailed descriptions of corporate case histories include the forced ouster of Howard Hughes from TWA in the late fifties as a result of lenders' pressure; the collapse of Chrysler in the late seventies owing to banks' refusal to provide further capital infusions; and the very different "rescues" of Pan American Airlines and Braniff Airlines by bank intervention in the seventies.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    as in new window
    This book is provided by University of Chicago Press in its series University of Chicago Press Economics Books with number 9780226531083 and published in 1985.

    Edition: 0
    ISBN: 9780226531083
    Handle: RePEc:ucp:bkecon:9780226531083

    Contact details of provider:
    Web page:

    Related research



    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Bricker, Robert & Chandar, Nandini, 2000. "Where Berle and Means went wrong: a reassessment of capital market agency and financial reporting," Accounting, Organizations and Society, Elsevier, Elsevier, vol. 25(6), pages 529-554, August.
    2. George, Varghese P. & Allen, Thomas J. 1931-, 1993. "Relational data in organzational settings : an introductory note for using AGNI and netgraphs to analyze nodes, relationships, partitions and boundaries," Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management #85-93. Working paper (Sl, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    3. Lazega, Emmanuel & Mounier, Lise, 2002. "Interdependent entrepreneurs and the social discipline of their cooperation: a research programme for structural economic sociology in a society of organizations," Economics Papers from University Paris Dauphine, Paris Dauphine University 123456789/5181, Paris Dauphine University.
    4. Jonathan Brookfield, 2010. "The network structure of big business in Taiwan," Asia Pacific Journal of Management, Springer, Springer, vol. 27(2), pages 257-279, June.
    5. Gopinath, C., 1995. "Bank strategies toward firms in decline," Journal of Business Venturing, Elsevier, Elsevier, vol. 10(1), pages 75-92, January.
    6. Caswell, Julie A., 1988. "An Alternative Measure Of Aggregate Concentration With An Application To The Agribusiness Sector," Working Papers, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance 115904, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
    7. Juan Antonio Rubio Mondéjar & Josean Garrués Irurzun, 2012. "Estructura corporativa e interlocking directorates en las mayores empresas españolas, 1917-1970," FEG Working Paper Series, Faculty of Economics and Business (University of Granada) 01/12, Faculty of Economics and Business (University of Granada).
    8. Carbonai, Davide & Di Bartolomeo, Giovanni, 2006. "Interlocking directorates as a thrust substitute: The case of the Italian non-life insurance industry," MPRA Paper, University Library of Munich, Germany 4420, University Library of Munich, Germany.
    9. Gopinath, C., 1995. "External influence on firms: An exploratory model of bank strategies," Journal of Business Research, Elsevier, Elsevier, vol. 34(2), pages 133-143, October.
    10. Bing Ren & Kevin Au & Thomas Birtch, 2009. "China’s business network structure during institutional transitions," Asia Pacific Journal of Management, Springer, Springer, vol. 26(2), pages 219-240, June.
    11. Richter, Rudolf, 2001. "New economic sociology and new institutional economics," MPRA Paper, University Library of Munich, Germany 4747, University Library of Munich, Germany.
    12. C. Gopinath, 2005. "Recognizing Decline: The Role of Triggers," American Journal of Business, Emerald Group Publishing, Emerald Group Publishing, vol. 20(1), pages 21-27.
    13. repec:mod:depeco:0013 is not listed on IDEAS
    14. Khwaja, Asim Ijaz & Mian, Atif & Qamar, Abid, 2011. "Bank Credit and Business Networks," Working Paper Series, Harvard University, John F. Kennedy School of Government rwp11-017, Harvard University, John F. Kennedy School of Government.
    15. László, Géza & Király, Júlia & Csontos, László, 1997. "Az ezredvégi nagy borzongás
      [The big thrill at the end of the millennium]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 569-596.
    16. Timothy W. Guinnane, 2001. "Delegated Monitors, Large and Small: The Development of Germany's Banking System, 1800-1914," Working Papers, Economic Growth Center, Yale University 835, Economic Growth Center, Yale University.
    17. Szymon Kaczmarek & Satomi Kimino & Annie Pye, 2014. "Interlocking directorships and firm performance in highly regulated sectors: the moderating impact of board diversity," Journal of Management and Governance, Springer, Springer, vol. 18(2), pages 347-372, May.
    18. Byrd, Daniel T. & Mizruchi, Mark S., 2005. "Bankers on the board and the debt ratio of firms," Journal of Corporate Finance, Elsevier, Elsevier, vol. 11(1-2), pages 129-173, March.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:ucp:bkecon:9780226531083. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Books Division).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.