A recent study by Larner [11] concluded that the managerial revolution analyzed earlier by Berle and Means [4] was close to completion because a large percentage of the nation's 200 largest nonfinancial corporations was controlled by nonowner managers. This finding makes more significant any substantial differences in financial performance that may exist between owner-controlled and manager-controlled firms, and it increases the potential impact of numerous related theories; for example, see Berle [3], Donaldson [5], Gordon [6, 7 ], Mason [14], Monsen and Downs [16], Williamson [21], and others.

J. W. Elliott, H. L. Uphoff, Predicting the Near Term Profit and Loss Statement with an Econometric Model: A Feasibility Study, Journal of Accounting Research, Vol. 10, No. 2 (Autumn, 1972), pp. 259-274

T HE geographic extent of the market has long been recognized as an important element of industry structure. For lack of systematic and direct measures, however, previous studies have relied either on rough classifications of geographical market size (local, regional or national) (Comanor and Wilson, 1967, p. 433; Kaysen and Turner, 1959, appendixes, pp. 283-285; Stigler, 1963, pp. 265-269 and 56-57) or on output dispersion indexes such as the number of states needed to account for 75 per cent of total shipments (Collins and Preston, 1968, 1969; Fuchs, 1962). This paper develops an alternative index of market size based on the Census of Transportation. Some attempts are made to evaluate various measures of market extent by comparisons with indexes of output dispersion and with an element of transport cost. It ends with a brief summary of the geographic market sizes of United States manufacturing industries.

S. W. Black, H. H. Kelejian; The Formulation of the Dependent Variable in the Wage Equation1, The Review of Economic Studies, Volume 39, Issue 1, 1 January 1972

Journal Article A Model of Economic Growth with Induced Bias in Technical Progress Get access Winston W. Chang Winston W. Chang State University of New York at Buffalo Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 39, Issue 2, April 1972, Pages 205–212, https://doi.org/10.2307/2296872 Published: 01 April 1972