IN THE REVIEW

Certified Public Accountant

The Modern Corporation and Private Property

by Adolf A. Berle and Gardiner C. Means

Power

by Adolf A. Berle
In 1932 Berle and Means published a major work of the New Deal era, The Modern Corporation and Private Property. Through or from this book flowed many concepts of corporations and corporation law, once thought maverick, but now fashionable, even conventional: the inability of thousands of stockholding “owners” to govern, …