Published online by Cambridge University Press: 24 July 2012
This study of the chief executives of large corporations over the period from 1900 to 1950 introduces specific evidence both to support and explain the thesis, hitherto vaguely entertained by many students of business, that administration of such corporations is rapidly becoming a profession.
2 The fact that the proportion for both groups is smaller than for the 1950 officials as a whole is due to the fact that this comparison included many older officials whose term of office ended before 1950.
3 Veblen, Thorstein, The Engineers and the Price System (New York, 1921), p. 44Google Scholar.