Big Business and the State: Historical Transitions and Corporate Transformations, 1880s-1990s

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The book explores the relationship between corporate property rights and corporate behavior, emphasizing the importance of legal ownership in understanding business dynamics. It analyzes three pivotal transformations in corporate structures over the past 110 years, highlighting how big businesses reacted to economic crises by influencing state policies. Using a historical multicausal approach, it reveals the interplay between economic challenges, managerial issues, reliance on external capital, and the political redefinition of corporate rights and tax laws in shaping corporate evolution.