About the book
In this timely work, Dan Krier examines the relationship between two phenomena that dominated the economic scene in the late twentieth century: the rising power of financial markets and the restructuring of American industry. He argues that corporate governance was transformed during this period into speculative teams of stock-optioned executives and activist owners. These teams encouraged a vigorous restructuring of American industry through corporate buyouts, takeovers, reengineering, and downsizing. Often portrayed in business discourse as initiatives to enhance the efficiency and long-range profitability of industrial operations, these corporate changes were, instead, primarily what Krier describes as speculative management practices, used to manipulate the trading price of corporate securities, even at the expense of operational efficiency and long-term profitability.
Krier also analyzes social intermediaries—institutions that connect industrial firms to security markets and allow them to interact. He focuses on corporate governance structures composed of stock-optioned top managers, big owners, and their representatives on corporate boards; financial accounting rules and practices; and the business media that analyze corporate actions and results.
Editions of Speculative Management
- Hardcover
- ISBN 9780791463499
- Paperback
- ISBN 9780791463505
- PDF
- ISBN 9780791483794
Read an Excerpt
In this timely work, Dan Krier examines the relationship between two phenomena that dominated the economic scene in the late twentieth century: the rising power of financial markets and the restructuring of American industry. He argues that corporate governance was transformed during this period into speculative teams of stock-optioned executives and activist owners. These teams encouraged a vigorous restructuring of American industry through corporate buyouts, takeovers, reengineering, and downsizing. Often portrayed in business discourse as initiatives to enhance the efficiency and long-range profitability of industrial operations, these corporate changes were, instead, primarily what Krier describes as speculative management practices, used to manipulate the trading price of corporate securities, even at the expense of operational efficiency and long-term profitability.
Krier also analyzes social intermediaries—institutions that connect industrial firms to security markets and allow them to interact. He focuses on corporate governance structures composed of stock-optioned top managers, big owners, and their representatives on corporate boards; financial accounting rules and practices; and the business media that analyze corporate actions and results.
Frequently Asked Questions
What is Speculative Management about?
In this timely work, Dan Krier examines the relationship between two phenomena that dominated the economic scene in the late twentieth century: the rising power of financial markets and the restructuring of American industry. He argues that corporate governance was transformed during this period into speculative teams of stock-optioned executives and activist owners. These teams encouraged a vigorous restructuring of American industry through corporate buyouts, takeovers, reengineering, and downsizing. Often portrayed in business discourse as initiatives to enhance the efficiency and long-range profitability of industrial operations, these corporate changes were, instead, primarily what Krier describes as speculative management practices, used to manipulate the trading price of corporate securities, even at the expense of operational efficiency and long-term profitability.
Krier also analyzes social intermediaries—institutions that connect industrial firms to security markets and allow them to interact. He focuses on corporate governance structures composed of stock-optioned top managers, big owners, and their representatives on corporate boards; financial accounting rules and practices; and the business media that analyze corporate actions and results.
What core themes, tropes, or subjects are explored in Speculative Management?
Society and Social Sciences > Sociology and anthropology > Sociology
Where can I read a sample of Speculative Management?
You can read an official preview of the few pages here https://www.book2look.com/book/9780791463499
How long is Speculative Management and how many pages does it have?
Speculative Management has 328 page(s)
Is Speculative Management part of a series, and can it be read as a standalone?
Yes it is a part of series SUNY series in the Sociology of Work and Organizations
Who is/are the Author/s of the book Speculative Management?
Dan Krier
What are the ISBN numbers for the physical and digital editions?
Speculative Management is available as hardcover(ISBN 9780791463499) and paperback(ISBN 9780791463505) and pdf(ISBN 9780791483794)
Where can I buy Speculative Management online or support local independent bookshops?
You can buy Speculative Management from below
Where can I buy Speculative Management?