Nationalization of Industries a Criticism
Nationalization of Industries a Criticism
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In our eReader you can find the full English version of the book. Read Nationalization of Industries a Criticism Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Nationalization of Industries a Criticism
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These steps were worked out by practical men who were masters of their craft and ready to accept responsibility for them, who stood to gain both financially and socially by their success, and who would have lost most of their money and all their reputation had they failed. There was no question in most cases of absorbing the whole of an industry, some concerns profitable and progressive, others uneconomic and decadent. Each amalgamation was in itself a concrete proposition of a manageable size ...in which the promoters believed they saw a financial gain, and for which they were ready to run risks. The scale of the combination was limited to the proportions desired by the promoters, and the amalgamated organization was in their opinion of a size which they could satisfactorily control. In many recent combinations the actual steps taken have been an interchange of shares and pooling of interests, control and management being left untouched. In others, where 30 NATIONALIZATION OF INDUSTRIES the whole or the majority of shares have been bought, the old directorate and staff have been left almost unaltered, and the business goes on precisely as before.
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You can find similar books in the "Read Also" column, or choose other free books by Alfred Emmott Emmott to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
These steps were worked out by practical men who were masters of their craft and ready to accept responsibility for them, who stood to gain both financially and socially by their success, and who would have lost most of their money and all their reputation had they failed. There was no question in most cases of absorbing the whole of an industry, some concerns profitable and progressive, others uneconomic and decadent. Each amalgamation was in itself a concrete proposition of a manageable size ...in which the promoters believed they saw a financial gain, and for which they were ready to run risks. The scale of the combination was limited to the proportions desired by the promoters, and the amalgamated organization was in their opinion of a size which they could satisfactorily control. In many recent combinations the actual steps taken have been an interchange of shares and pooling of interests, control and management being left untouched. In others, where 30 NATIONALIZATION OF INDUSTRIES the whole or the majority of shares have been bought, the old directorate and staff have been left almost unaltered, and the business goes on precisely as before.
What to read after Nationalization of Industries a Criticism?
You can find similar books in the "Read Also" column, or choose other free books by Alfred Emmott Emmott to read onlineMoreLess
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