Corporate Makeover: The Reshaping the American Economy
Demonstrates how chronic mismanagement of America's top companies leads to the hostile takeovers and leveraged buyouts that are changing the face of today's economy and argues that the resulting reorganization is essential to improving the nation's industry
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American assets auto banks benefits Berle and Means billion Boesky Business Week capital cash chap company's competition conglomerate corporate makeover costs Court debt defense Delaware directors dividends dollar Drexel Burnham Drexel Burnham Lambert earnings economic economist efficiency equity executive federal Felix Rohatyn Ford funds Geneen hostile takeovers income industry inflation insider trading institutions interest investment investors issue J. P. Morgan Japan Japanese junk bonds labor Lee Iacocca leveraged buyouts losses managerial control manufacturing marginal market value Martin Lipton maximize ment mergers Michael Milken Motors organization output overvalued ownership paid pension plans percent poison pill political porate present value profits purchasing raiders revenue Revlon rise RJR Nabisco Sears securities selling share prices shareholders steel suppliers Texaco U.S. corporations U.S. Steel United voting wage Wall Street Journal York