Capital disadvantage: America's failing capital investment system.

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Summary

Michael Porter recommends five far-reaching reforms to make the U.S. system superior to Japan's and Germany's: improve the present macroeconomic environment, expand true ownership throughout the system so that directors, managers, employees, and even customers and suppliers hold positions as owners.

Type
article
Published
1992-09-01
Cited by
1,319
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Keywords

Disadvantage, Capital (architecture), Investment (military), Corporate governance, Competition (biology)

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