The Railroads: Pioneers in Modern Corporate Management

  title={The Railroads: Pioneers in Modern Corporate Management},
  author={Alfred Dupont Chandler},
  journal={Business History Review},
  pages={16 - 40}
  • A. Chandler
  • Published 1 March 1965
  • Economics
  • Business History Review
In coping with large-scale problems of management, the railroads had to devise new methods for mobilizing, controlling, and apportioning capital, for operating a widely dispersed plant, and for supervising thousands of specialized workers. In these activities, Professor Chandler argues, were created basic plans for the structural form of the modern American corporation. 
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