Cover
Copyright
ALSO BY LAWRENCE E. MITCHELL
Dedication
PREFACE
PROLOGUE
ONE THE PRINCIPLE OF COOPERATION
THE GIANT MODERN CORPORATION
THE RISE OF FINANCE
“INDUSTRY IS CARRIED ON FOR THE SAKE OF BUSINESS”
LAISSEZ-FAIRE
THE RISE OF INDUSTRIAL COMPETITION
THE PRINCIPLE OF COOPERATION
THE NEED FOR COOPERATION
THE LIMITS OF COOPERATION
STANDARD OIL AND THE TRUST
TWO SANCTUARY
THE POWER OF THE STATES
WHY NEW JERSEY?
The State of Camden and Amboy
New Jersey Finds Its Fortune
THE LEGAL FOUNDATION OF THE GIANT CORPORATION
The Holding Company
Selling Stock for Property
THE NEW JERSEY COURTS—A FUTILE ATTEMPT TO MAINTAIN INTEGRITY
YOU NEVER HAVE TO LIVE IN JERSEY AND OTHER FEATURES
WHERE WERE THE OTHER STATES?
THREE TRANSCENDENTAL VALUE
OVERCAPITALIZATION
A QUESTION OF VALUE
THE LEGAL BACKGROUND OF WATERED STOCK: THE CONCEPT OF PAR VALUE
WATERING STOCK
WATERED STOCK IN ACTION: THE CASE OF U.S. STEEL
DEFENDING OVERCAPITALIZATION
THE WATER WAS DEEP
CAPITALIZATION VERSUS REAL CAPITAL
WHAT WAS THE PROBLEM?
TRANSCENDENTAL VALUE
The Legal Origins of Valuation
The Economists
The Courts and Value Revisited
Legislative Approaches to Value
FOUR THE NEW PROPERTY
FROM DEPRESSION TO PROSPERITY
THE MODERN MARKET
SOCIALIZING THE MARKET
Preserving American Ideals
Investment as Civic Obligation
Stock Ownership—The Antidote to Socialism
The Ownership Society
SPECULATION—A MATTER OF KNOWLEDGE
Our Business Is Our Business
Misleading Disclosure
The Morganization of Disclosure
The Infancy of Accountancy
FIVE THE COMPLEX WHOLE
THE FAILURE OF FEDERAL INCORPORATION
A PRELUDE TO FEDERAL INCORPORATION—THE CHICAGO CONFERENCE ON TRUSTS
FROM ANTITRUST TO FEDERAL INCORPORATION
Congress and Trust Reform Before the Turn of the Century
The United States Industrial Commission
The Final Report of the U.S. Industrial Commission
The Democrats’ Dilemma: Regulating Trusts and Federal Power
ROOSEVELT DISCOVERS THE TRUSTS
SIX MUCH ADO ABOUT NOTHING
THE FEDERAL INCORPORATION ERA
THE LITTLEFIELD BILL OF 1903
The Littlefield Bill as Federal Incorporation
Littlefield
The Bill
The Debate
The Democrats’ Support
The Issues
THE FAILURE OF THE LITTLEFIELD BILL
The Sovereign President
Roosevelt Betrays Littlefield
Political Realities
SOUND AND FURY—THE FIRST REPORT OF THE BUREAU OF CORPORATIONS
The Bureau’s Recommendations—A Modest Proposal
SEVEN PANIC AND PROGRESS
THE PANIC OF 1907
ROOSEVELT’S LAST CHANCE—FEDERAL INCORPORATION THE HEPBURN BILL AND THE FAINT BEGINNINGS OF INVESTOR PROTECTION
The Need for Certainty
The Provenance of the Hepburn Bill
The Hepburn Bill
THE ROOTS OF SECURITIES REGULATION
The Hughes Committee
Brief Interlude—Taft and Investor Protection
CAPITAL VERSUS THE CONSUMER: SECURITIES REGULATION THROUGH THE RAILROADS
The Hepburn Act of 1906
The Mann-Elkins Act of 1910
The Hadley Commission—Protecting Investors
EIGHT THE SPECULATION ECONOMY
THE NEW SPECULATION
THE NEW SPECULATION TAKES ROOT
THE NEW COMMON STOCKHOLDER
OLD-FASHIONED SPECULATION AND THE SECOND NEW ERA
NINE THE END OF REFORM
THE DEMOCRATS RETURN
WILSON AND BUSINESS
The Centrality of Business Regulation
Jeffersonian Business
THE COLLECTIVE SOCIETY
THE FEDERAL RESERVE
THE PUJO COMMITTEE
The Crusader
The Committee
The Counsel
The Report
THE OWEN BILL
INCORPORATING THE EXCHANGES—THE PATH TO ENFORCEMENT
THE END OF BUSINESS PROGRESSIVISM
JUST BELIEVE
PROPHET OF PROSPERITY
TEN MMUFACTURIIVG SECURITIES
WALL STREET IN A TIME OF WAR
Return to Prosperity
The Liberty Loans
Training Grounds for Brokers
THE CAPITAL ISSUES COMMITTEE
THREE WAVES OF MARKET DEVELOPMENT AND THE RISE OF MODERN SECURITIES REGULATION
MODERN SECURITIES REGULATION: THE LEGAL ACCEPTANCE OF THE SPECULATION ECONOMY
EPILOGUE
THE MANAGERIAL ERA
SEPARATING STOCK FROM BUSINESS
THE RELEASE OF THE SPECULATION ECONOMY
SELECT BIBLIOGRAPHY
INDEX
ABOUT THE AUTHOR
ABOUT BERRETT-KOEHLER PUBLISHERS
BE CONNECTED
更新时间:2019-01-03 11:51:40