![]() ![]() Executives at global companies must monitor the activities of subordinates situated thousands of miles away. CEOs share power and influence with a range of players, including boards, regulators, and shareholder activists. Similarly, there has been a dispersion of power at the highest levels of American business, partly because of changes in the cultures and structures of corporations as well as the advance of new technologies. And consider the social and political upheavals, all of them antiauthority, in the United States and elsewhere during the 1960s and 1970s. Witness the gradual demise of communism (and totalitarianism) in the former Soviet Union, Eastern Europe, and now China.
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