The decadent corporation

Tom Lloyd

Chapter 4 in Business at a Crossroads, 2010, pp 69-87 from Palgrave Macmillan

Abstract: Abstract “Multi-unit business enterprise” (MuBE), the name coined by Chandler to describe the new business organization that emerged in the mid-19th century, conveyed the MuBE’s complexity, but not its shape. As we have seen, the MuBE inherited its hierarchy from the military. This gave it a triangular shape seen in elevation and a concentric ground-plan. By concentric I mean that, unlike the other corporate forms it eventually vanquished in the 20th century, and by which it is challenged in the 21st century (see Chapter 7), it had a unique center around which other parts are organized, and to the purposes of which all other parts are subordinated.

Keywords: Share Price; Executive Compensation; Senior Executive; Central Intelligence Agency; Civil Unrest (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25098-7_5

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DOI: 10.1057/9780230250987_5

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