Trường doanh nghiệp là nền tảng đào tạo chính của giám đốc điều hành hàng đầu cho ngành công nghiệp Mỹ có thể được ví như một kim tự tháp xã hội khổng lồ, vật liệu xây dựng mà được cung cấp bởi khác nhaucác lớp học của xã hội tư bản đương đại. trong quá trình thăng thiên "vật liệu" phù hợp nhất là "tự nhiên" được chọn và đầu đạt được chỉ bởi một nhóm nhỏ các | Share of Banks in Ownership and Administration of Stock1 1956 1965 Number Per cent Number Per cent mill. of total mill. of total Total in U. S 7 913 17 997 Including 263 608 Fiduciary Institutions . 708 1 352 Brokers and Dealers . . 772 2 724 Institutions and Others 1 241 2 705 Total of Listed Institutions 2 984 7 389 share of banking institutions in the administration of this corporation s stock represents a minimum of 40 per cent but may be as high as 50 per Commercial banks and insurance companies are allowed to invest only a small part of their assets in stock. This restriction is a logical result of their divorce from investment banks but as we have seen commercial banks are the ones that administer most of the stock passing through banking institutions. As for life insurance companies the situation is different. Following the scandalous exposures at the turn of the century the New York state law of 1906 later also passed in other cities completely prohibited stock investment. After World War II in New York it was in 1951 for example small stock investments were allowed. In the 1950s the purchase of common stock by these companies rose considerably. But even if further relaxation of the law takes place common stock will hardly become a principal asset of life insurance Playing the 1 Share Ownership in America 1959 pp. 33-34 1965 Census of Shareowners p. 35. 2 United States Steel Corporation. Annual Report 1960 p. 19. 3 In Britain where there are no such restrictions in 1955 common stock constituted per cent of life insurance companies assets in Japan per cent World Insurance Trends pp. 31 48 . 11 163 Market Value of Stock Owned by 49 Largest Life Insurance Companies1 million dollars year-end 1906 1929 1945 1950 1960 1964 Common stock Preferred stock 1 1 1 2 1 Total Per cent of all the assets of these .
