We present the first broadly representative study for any early twentieth century economy of the extent to which quoted company ownership was already divorced from managerial control. In the 337 largest, independent, UK companies in the Investor's Year Book (those with \pounds 1m or more share...

Featuring contributions from the faculty of the Wharton School, University of Pennsylvania, this study explores how best to organize a firm. It considers the various strategies used to compete in the changing world market, owing to innovations and new principles of organization developed in Japan