The Emergence of Managerial Capitalism in Europe

Authors

  • Bhavna Sood Assistant Professor, University College of Business Studies, Himachal Pradesh University, Shimla, India

Keywords:

Capitalism, Managerial, Europe, the visible hand

Abstract

The present paper aims at analyzing whether and to what extent Chandler’s "Visible Hand" appeared and controlled the industrial development of Europe. It is the outcome of a study of the history of five firms, vis-à-vis., Marks & Spencer, Pasolds (Ladybird), Charles Early & Marriot (Witney) Ltd., Krupps and Volkswagen. After briefly reviewing each firm’s progress, we try to trace the emergence of the managerial class as distinct from the owners and see to what extent they had a hand in the development of each firm.

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Published

04-12-2021

Issue

Vol. 4 No. 11 (2021)

Section

Articles

License

Copyright (c) 2021 Bhavna Sood

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
B. Sood, “The Emergence of Managerial Capitalism in Europe”, IJRESM, vol. 4, no. 11, pp. 169–177, Dec. 2021, Accessed: Dec. 30, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/1558