Junking corporate America
Bibliographic Data
| ID | 6251699 |
|---|---|
| Authors | James W Brock (Miami University, corresponding author) |
| Year | 1993 |
| Volume | 7 |
| Issue | 2-3 |
| Pages | 225-236 |
| Publication date | 1993-03-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Critical Review (JOURNAL) |
| Journal identifiers | ISSN: 0891-3811 • E-ISSN: 1933-8007 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/08913819308443297 |
| OpenAlex | W2013099419 |
| Language | EN |
| Citations received | 1 |
| References cited | 4 |
A firestorm of deals and debt consumed corporate America during the 1980s. Some contend that this deal mania, and the junk debt that fueled it, enhanced the nation's economic performance and bolstered its global competitiveness. Viewed in the context of its aftermath, however, the evidence suggests that a decade of junk‐debt deals subverted economic performance, weakened the country's economy and rendered it dangerously vulnerable to recession, and inflicted a massive opportunity cost vis‐à‐vis America's foreign rivals
Business · Context (archaeology · Debt · Economic policy · Economics · Economy · External debt · Keynesian economics · Political science · Recession · Global Financial Crisis and Policies · History · Finance
| Citations per year | 0.03 |
|---|---|
| Citation span | 1995 - 1995 (1) |
| Highly cited | No |