Tweet The joint stock company, the foundation unit of modern capitalism, is dead. But corporate managerial capitalism is alive and kicking. Whatever the constitutional theory that shareholders are in ultimate control, this myth is daily confounded by repeated evidence of management takeover from the inside. Shareholdings have become so remote and so fragmented, and the [...]
Posts Tagged ‘Mergers’
Glencore-Xstrata shenanigans show corporate managerial power out of control
Jun 3rd, 2012 by Michael Meacher.
RMT and TSSA talking of merger
Jul 23rd, 2011 by Andy Newman.Tweet News that rail unions, RMT and TSSA, who between them have about 110000 members are starting talks about a possible future merger is very interesting, and any such move might also drag in the 18000 strong craft union, ASLEF, to create a powerful new transport union. Bookmarks Hide Sites
