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Author:Quinn, D. P.
Title:Corporate taxation and corporate economic power: testing class-power and business-confidence models
Journal:American Journal of Sociology
1989 : MAY, VOL. 94:6, p.1419-1426
Index terms:CORPORATE FINANCE
TAXATION
INDUSTRIAL CONCENTRATION
INDUSTRIAL SOCIOLOGY
Language:eng
Abstract:David Jacob's article on corporate economic power and the state is analyzed. Jacob uses a measure of economic concentration to examine two images of the state. He examines two models of the state-class-organization model and exchange-dependency image of the state. Although they address important issues, Jacob's analysis and substantive findings are both irreparably flawed. It is argued that his measures are inappropriate and that his key finding has a relatively simple economic, not sociological, explanation. When properly constructed measures of firm taxation and economic charge are used Jacob's key finding disappears, and strong support is provided for an alternative model of the state.
SCIMA record nr: 73900
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