The Corporation in Modern Society

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This collective study evaluates the social contribution of the large corporation in American life and its concommitant problems. To whom are corporate managements responsible? From what groups do their managers come and how are they selected? How great is their power? How does the corporation’s severance of ownership from control affect the principle of private property? Is the similarity between corporate organization and governmental-agency structure increasing? This symposium of essays comprehends the views of experts on these and related problems, and concludes with considerations of the role of the corporation in Great Britain and of the significance of various aspects of industrial organization in the Soviet Union.