Introduction -- The rise of the American corporate elite -- The state and the economy -- Labor as uneasy partner -- The banks as mediators -- The breakdown of the postwar consensus -- Winning the war, but losing the battle: the fragmentation of the American corporate elite -- The aftermath --...

Across many sectors, research has established that management explains a notable portion of productivity differences across organizations. A remaining question, however, is whether it is managers themselves or firm-wide management practices that matter. We shed light on this question by...