American Cronyism: How Executive Networks Inflated the Corporate Bubble
Open Access
- 1 May 2003
- journal article
- Published by SAGE Publications in Contexts
- Vol. 2 (3) , 34-40
- https://doi.org/10.1525/ctx.2003.2.3.34
Abstract
“Shareholder value” was the sacred mantra of American business in the 1990s. But creating shareholder value can be a fickle undertaking and corporate executives often followed the lead of their colleagues. The result was a contagion of questionable business practices that resulted in the creation of a corporate bubble—and its implosion.Keywords
This publication has 2 references indexed in Scilit:
- The Small World of the American Corporate Elite, 1982-2001Strategic Organization, 2003
- Fool's Gold: Social Proof in the Initiation and Abandonment of Coverage by Wall Street AnalystsAdministrative Science Quarterly, 2001