000			01631naa a2200193uu 4500
001			10439
003			OSt
005			20190211155037.0
008			030123s1999 xx ||||gr |0|| 0 eng d
100	1		_aDAVIS, Gerald F _92748
245	1	0	_aThe money center cannot hold : _bcommercial banks in the U.S. System of corporate governance
260			_aIthaca : _bJohnson Graduate School of Management, _cJune 1999
520	3		_amhis paper examines how the lace of banks in he intrcorporate network has changed as a reult of their decreasin role as financial intermediareis in the U.S. economy. An analysis of comprehensive data on the boards of the fifty largest banks and their connections with the several hundred largest nonbank corporations from 1982 to 1994 shows that the centrality of banks has significantly declined as executives of major corporations, particularly those representing central firms, joined bank boards at a substantially lower rate. Declining centrality reflects a strategic choice on the part of the banks: as the returns available from lending to major corporations have declined, hte largest banks have moved into other forms of business and reduced their recruiting of centrally located directors. We conclude with a discussion of the role of ifnancila intermediation in shaping the social organization of the economy
700	1		_aMIZRUCHI, Mark S _97301
773	0	8	_tAdministrative Science Quarterly _g44, 2, p. 215-239 _dIthaca : Johnson Graduate School of Management, June 1999 _xISSN 00018392 _w
942			_cS
998			_a20030123 _bCassio _cCassio
998			_a20101027 _b1629^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c10565 _d10565
041			_aeng