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The Development of Diversified and Conglomerate Firms in the United States, 1920–1970

Published online by Cambridge University Press:  11 June 2012

Jon Didrichsen
Jon Didrichsen
Affiliation:
Doctoral Candidate, Harvard Business School
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Abstract

A study of the development of fifty large, diversified American corporations in recent decades reveals some of the paths business has followed since the innovation of the multidivisional firm half a century ago.

Type
Articles
Information
Business History Review , Volume 46 , Issue 2 , Summer 1972 , pp. 202 - 219
Copyright
Copyright © The President and Fellows of Harvard College 1972

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References

1 Chandler, Alfred D. Jr., “The Beginnings of ‘Big Business’ in American Industry,” Business History Review, XXXIII (Spring, 1959), 1–31CrossRefGoogle Scholar; Strategy and Structure (Cambridge, Mass., 1962)Google Scholar; “The Role of Business in the United States: A Historical Survey,” Daedalus, Vol. 98 (Winter, 1969), 23–40Google Scholar; “The Structure of American Industry in the Twentieth Century: A Historical Overview,” Business History Review, XLIII (Autumn, 1969), 225–298.Google Scholar

2 Chandler, “The Beginnings of ‘Big Business,’” 2.

3 Ibid., 6–9.

4 Ibid., 10–14.

5 Berle, Adolf A. Jr., and Means, Gardiner C., The Modern Corporation and Private Property (New York, 1932).Google Scholar

6 Thorp, Willard L. and Crowder, Walter F., Investigation of Concentration of Economic Power, Temporary National Economic Committee, Monograph No. 27 (Washington, 1941).Google Scholar

7 Ibid., 144.

8 Ibid., 146–150.

9 Penrose, Edith T., The Theory of the Growth of the Firm (Oxford, 1966).Google Scholar

10 Ibid., 138–144.

11 Ansoff, H. Igor, Corporate Strategy (New York, 1965).Google Scholar

12 McArthur, John H. and Scott, Bruce R., Industrial Planning in France (Boston, 1969)Google Scholar, chapter 4.

13 Wrigley, Leonard, “Divisional Autonomy and Diversification” (DBA thesis, Harvard Graduate School of Business Administration, 1970), chapter 3, 52–60Google Scholar; Fortune's Directory of the 500 Largest U.S. Industrial Corporations, Fortune, May 1970.

14 Wrigley, “Divisional Autonomy,” chapter 3, 52–60.

15 Channon, Derek F., “The Strategy and Structure of British Enterprise” (DBA thesis, Harvard Graduate School of Business Administration, 1971), chapter 4, 5–18Google Scholar; Pavan, Robert J., “The Strategy and Structure of Italian Enterprise” (DBA thesis, Harvard Graduate School of Business Administration, 1972), chapter 4.Google Scholar

16 Robert A. Howell, “Plan to Integrate Your Acquisitions,” Harvard Business Review, November–December 1970, 66–76.

17 Channon, “The Strategy;” and Pavan, “The Strategy.”