Corporate Governance since the Managerial Capitalism Era
本文探讨了自管理资本主义时代（1950-1960年代）以来，上市公司高管面临的机会与约束变化，重点分析了公司治理的重要性上升，以及1970年代和2000年代初的公司丑闻、1980年代的并购浪潮、CEO权力膨胀和董事与股东角色转变。
Executives of today's public companies face a considerably different set of opportunities and constraints than did their counterparts in the managerial capitalism era, which reached its apex in the 1950s and 1960s. The growing importance of corporate governance featured prominently as circumstances changed for those running public companies. This article explores these developments, taking into account high-profile corporate scandals occurring in the first half of the 1970s and the early 2000s, the 1980s “Deal Decade,” the “imperial” chief executive phenomenon, and changes to the roles played by directors and shareholders of public companies.