Global Perspectives and British Paradoxes
Bibliographic Data
| ID | 9626418 |
|---|---|
| Authors | Geoffrey Jones (University of Reading, corresponding author) |
| Year | 1997 |
| Volume | 71 |
| Issue | 2 |
| Pages | 291-298 |
| Publication date | 1997-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/3116162 |
| OpenAlex | W2122883259 |
| Language | EN |
| Citations received | 1 |
| References cited | 22 |
For Alfred D. Chandler, Jr., in Scale and Scope , “the British story provides a counterpoint, an antitheses, to the American experience.” Chandler shows that fewer of the largest firms appeared in Britain. British companies preferred to retain family or family-like control and management; he terms this “personal capitalism.” Firms were reluctant to recruit professional managers, and if they did so, they did not like them to have received much formal education. There were no business schools in the pre-1945 U.K. These personal capitalists on the whole preferred personal income to making the 3-pronged investments in manufacturing, marketing and management in the capitalintensive industries of the Second Industrial Revolution. The more complex the technical and managerial skills required in an industry, the worse these personal capitalists performed and the greater the missed opportunities. For Chandler, Britain stands as a warning of the unpleasant consequences of not adopting managerial capitalism
Business · Capitalism · Control (management · Counterpoint · Economics · Industrial Revolution · Management · Market economy · Personal life · Political science · Public relations · Scale (ratio · Scope (computer science · Sociology · Economic Theory and Institutions · Economic Theory and Policy · Global Financial Crisis and Policies · Law · Marketing
Scale and Scope
The Rise and Decline of the British Motor Industry
English Culture and the Decline of the Industrial Spirit, 1850–1980
American Investment in British Manufacturing Industry
British manufacturing investment overseas
The Rise of the Corporate Economy
Britain's Industrial Performance since 1960
U.S. Multinationals in British Manufacturing before 1962
Institutional Forms of British Foreign Direct Investment in South America
Foreign Multinationals in British Manufacturing, 1850–1962
The Anatomy of Big Business
Entrepreneurship, Networks and Modern Business
Scale and Scope
British-Based Investment Groups Before 1914
Foreign multinationals and British industry before 1945
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,06 |
| Citation span | 2008 - 2008 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |