Published by:
Harvard Business Publishing
Length: 13 pages
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Abstract
In seeking reasons for the United States'' competitive decline in the world marketplace, critics often blame U.S. management policies. This look at a broader picture in seeking causes and remedies explores ways in which capital markets color the choices management can make. Serious questions are raised about the contribution our country''s capital market conventions have made to our industrial malaise. Business and government leaders must rethink the financial policies they have heretofore accepted as givens.
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Abstract
In seeking reasons for the United States'' competitive decline in the world marketplace, critics often blame U.S. management policies. This look at a broader picture in seeking causes and remedies explores ways in which capital markets color the choices management can make. Serious questions are raised about the contribution our country''s capital market conventions have made to our industrial malaise. Business and government leaders must rethink the financial policies they have heretofore accepted as givens.