The Railroads: Pioneers in Modern Corporate Management

Alfred Chandler

Business History Review, 1965, vol. 39, issue 1, 16-40

Abstract: In coping with large-scale problems of management, the railroads had to devise new methods for mobilizing, controlling, and apportioning capital, for operating a widely dispersed plant, and for supervising thousands of specialized workers. In these activities, Professor Chandler argues, were created basic plans for the structural form of the modern American corporation.

Date: 1965
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