Control During Corporate Crisis
Asbestos and the Manville Bankruptcy
Bibliographic Data
| ID | 2371392 |
|---|---|
| Authors | Kevin J Delaney (Temple University, corresponding author) |
| Year | 1989 |
| Volume | 16 |
| Issue | 2-3 |
| Pages | 51-74 |
| Publication date | 1989-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Critical Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0896-9205 • E-ISSN: 1569-1632 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/089692058901600204 |
| OpenAlex | W2078890734 |
| Language | EN |
| Citations received | 1 |
| References cited | 46 |
Chapter 11 bankruptcy provides an opportunity for addressing issues of power and control during corporate crisis. A broad notion of power is essential in understanding the complex events that led to the Chapter 11 filing of the Manville Corporation, formerly the nation's leading asbestos manufacturer. The theory of finance hegemony places this case in an entirely new light by taking into account the power of the financial community. The Manville bankruptcy illuminates several mechanisms by which this hegemony operates. From this perspective, Chapter 11 bankruptcy is viewed as a choice made from a set of options severely constrained by other powerful institutions, rather than a result of managerial incompetence or market failure
Bankruptcy · Business · Corporation · Economics · Financial crisis · Great Depression · Hegemony · Law and economics · Macroeconomics · Management · Political science · Politics · Banking stability, regulation, efficiency · Global Financial Regulation and Crises · Housing, Finance, and Neoliberalism · Law · Finance
The theory of capitalist development
Class, crisis, and the state
Corporations, Classes and Capitalism
Power
The Economic Theory of ‘Managerial’ Capitalism
Tva and the Grass Roots
The 20th Century Capitalist Revolution
The 20th Century Capitalist Revolution
Imperialism, the Highest Stage of Capitalism
Power
Business Leadership in the Large Corporation
Finance capital markets and corporate decision-making processes
Corporations, Classes, and Capitalism
Imperialism
Rulers of America; A Study of Finance Capital
Do Bankers Control Corporations
Finance Capital or Corporate Capital
Kotz on Banker Control
The Concept of 'Egemonia' in the Thought of Antonio Gramsci
The managerial revolution
Interlocking Directorates and Interest Group Formation
Organizational Goals and Environment
The Role of Finance Capital of Corporate Crisis and the Social Construction
Recent Developments in Marxist Theories of Ideology
Capitalist Class Structure and the Decline of Older Industrial Cities
"Power, Intercorporate Networks, and "Strategic Bankruptcy
Two Faces of Power
Compensation for Death from Asbestos
Corporate Power and Control
The Civic Involvement of Bankers
Recent Developments in Marxist Theories of Ideology
Ownership and Control of Corporations
Corporations and the Corporate Elite
Political Participation and Public Policy
Class Domination and Ideological Hegemony
Management Control in the Large Corporation
Corporate Ownership and Control
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,03 |
| Citation span | 1989 - 1989 (1) |
| Citation velocity | historical |
| Highly cited | No |