Managing Investors: How Financial Markets Reshaped the American Firm
Zorn, D, F Dobbin, J Dierkes, and M Kwok. 2004. “Managing Investors: How Financial Markets Reshaped the American Firm”. Pp. 269-289 in The Sociology of Financial Markets, Karin Knorr Cetina and Preda, Alexandru. London: Oxford University Press.
21 Pages Posted: 22 Mar 2014
Date Written: March 21, 2014
What causes large numbers of firms to change strategy and structure in tandem? Organizational institutionalists find that managerial and professional groups that span organizations develop new models of organizational efficiency -- models that are typically in the interest of the group pushing them.
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