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The Corporation.


The corporation.

Truitt, Wesley B.

Greenwood Pr.


276 pages



Greenwood guides to business and economics


Truitt believes the corporation is responsible for making the American economy the largest in the world and for creating the global economy as well. Using examples from major corporations, he traces how the concept of the corporation developed over time from the Middle Ages through the age of imperialism and colonization and on into the "postmodern" model. He explains the advantages of incorporating and the ways corporations are structured to make best use of these advantages, describes the systems of corporate governance, and analyzes why certain people in certain corporations commit fraud. Along the way he explains historical trends and the ways corporations transformed themselves as well as the corporations to come, and closely examines why some corporations have lasted over 950 years while others seem to fail in 950 nanoseconds.

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Publication:Reference & Research Book News
Article Type:Book Review
Date:Aug 1, 2006
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