The Limits of Corporate Power: Existing Constraints on the Exercise of Corporate Discretion : Existing Constraints on the Exercise of Corporate Discretion

Written in 1981, this text examined legal and economic constraints that limited corporate behavior in the United States at that time. The authors look at state and federal charter laws, as well as other legal constraints on corporation creation and structure. They then examine antitrust and security laws. The federal tax system and direct regulation are each accorded separate chapters. The final chapter looks at the influence of social values imposed by various actors. Given that this book was written before an unprecedented wave of deregulation and a major increase in corporate power, it is now primarily of historical interest. Annotation (c) Book News, Inc., Portland, OR (booknews.com)