Hostname: page-component-cd9895bd7-dzt6s Total loading time: 0 Render date: 2024-12-23T05:56:11.687Z Has data issue: false hasContentIssue false

Politics, Corporate Governance, and the Dynamics of German Managerial Innovation: Schering AG between the Wars

Published online by Cambridge University Press:  10 May 2021

Abstract

Conflicting interpretations of the evolution of German business between the two world wars and of Germany's corporate governance during the Third Reich are examined in this article. Alfred Chandler's view that major corporate changes emanated from managerial initiatives is contrasted with Harold James's interpretation that public and government pressures forced innovations on business. In support of James's analysis, I argue that state and political pressures, not management, initiated significant changes in German corporate governance and in the organization of German industry during the interwar period, especially in the 1930s. Using Schering AG, one of Germany's largest companies before World War II, the article traces the influences of National Socialist pressure and changes in corporate law on companies’ organizational adaptation to government social priorities during the Third Reich.

Type
Articles
Copyright
Copyright © The Author(s) 2002. Published by Cambridge University Press on behalf of the Business History Conference. All rights reserved.

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Bibliography of Works Cited

Books

Balderston, Theo. The Origins and Course of the German Economic Crisis November 1923 to May 1932. Berlin, 1993.Google Scholar
Barkai, Avraham. Nazi Economics: Ideology, Theory, and Policy, trans. Hadass-Vashitz, Ruth. New Haven, Conn., 1990.Google Scholar
Barkin, Kenneth. The Controversy Over German Industrialization. Chicago, 1978.Google Scholar
Berghahn, Volker R. Imperial Germany 1871–1914: Economy, Society, Culture, and Politics. Providence, R.I., 1994.Google Scholar
Berle, Adolph, and Means, Gardiner. The Modern Corporation and Private Property. New York, 1933.Google Scholar
Brady, Robert. The Rationalization Movement in German Industry. Berkeley, Calif., 1933.Google Scholar
Chandler, Alfred D. Jr. Scale and Scope: The Dynamics of Industrial Capitalism. Cambridge, Mass., 1990.Google Scholar
Dahrendorf, Ralf. Society and Democracy in Germany. Garden City, N.J., 1969.Google Scholar
Die Grossen Chemie-Konzerne Deutschlands 1931, 1934. Berlin, 1931, 1934.Google Scholar
Feinstein, Charles, Temin, Peter, and Toniolo, Gianni. The European Economy between the Wars. Oxford, U.K., 1997.Google Scholar
Feldman, Gerald D. Allianzand the German Insurance Business, 1933–1945. New York, 2001.CrossRefGoogle Scholar
Feldman, Gerald D. Army, Industry and Labor in Germany: 1914–1918. Providence, R.I., 1992.Google Scholar
Feldman, Gerald D. The Great Disorder: Politics, Economics, and Society in the German Inflation, 1914–1924. New York, 1993.Google Scholar
Feldman, Gerald D. Iron and Steel in the German Inflation. Princeton, N.J, 1977.Google Scholar
Hayes, Peter. Industry and Ideology: IG Farben in the Nazi Era. New York, 1987.Google Scholar
Herrigel, Gary. Industrial Constructions: The Sources of German Industrial Power. New York, 1996.Google Scholar
Hitler, Adolf. Mein Kampf. Trans. Manheim, Ralph. 1924; Boston, 1943.Google Scholar
James, Harold. The Deutsche Bank and the Nazi Economic War against the Jews: The Expropriation of Jewish-Owned Property. New York, 2001.CrossRefGoogle Scholar
James, Harold. The German Slump: Politics and Economics, 1924–1936. New York, 1986.Google Scholar
Kobrak, Christopher. National Cultures and International Competition: The Experience of Schering AG, 1851–1950. New York, 2002.Google Scholar
Maier, Charles S. Recasting Bourgeois Europe. Princeton, N.J., 1975.Google Scholar
Mason, Timothy W. Nazism, Fascism and the Working Class, ed. Caplan, Jane. New York, 1995.CrossRefGoogle Scholar
McNeil, William. American Money and the Weimar Republic. New York, 1986.CrossRefGoogle Scholar
Nolan, Mary. Visions of Modernity: American Business and the Modernization of Germany. New York, 1994.Google Scholar
Shirer, William L. Berlin Diary. New York, 1941.Google Scholar
Spoerer, Mark. Von Scheingewinnen zum Rüstungsboom. Stuttgart, 1996.Google Scholar
Stolper, Gustav. The German Economy: 1870 to the Present. New York, 1967.Google Scholar
Turner, Henry Ashby Jr. German Big Business and the Rise of Hitler. New York 1985.Google Scholar
Wehler, Hans-Ulrich. The German Empire 1871–1918. Leamington Spa, U.K., 1985.Google Scholar

Articles and Essays

Feldman, Gerald. “German Private Insurers and the Politics ofthe Four Year Plan.” In Arbeitskreis: Unternehmen im Nationalsozialismus, ed. Gall, Lothar and Pohl, Manfred. Munich, 1998.Google Scholar
Homburg, Heidrun. “Die Neuordnung des Marktes nach der Inflation. Probleme und Widerstände am Beispiel der Zusammenschluβprojekte von AEG und Siemens 1924–1933 oder: ‘Wer hat den längeren Atem?’” In Die Nachwirkungen der Inflation auf die Deutsche Geschichte 1924–1933, ed. Feldman, Gerald. Munich, 1985.Google Scholar
Kobrak, Christopher. “Foreign-Currency Transactions and the Recovery of German Industry in the Aftermath of World War One.” Accounting, Business and Financial History 12 (March 2002): 2542.CrossRefGoogle Scholar
Kobrak, Christopher and Oesterle, Michael-Jörg. “Nationalism and Internationalism in Corporate Governance: The Case ofDaimler Chrysler.” Entreprises et Histoire 21 (June 1999): 7089.CrossRefGoogle Scholar
Spoerer, Mark. “Window-Dressing in German Inter-war Balance Sheets.” Accounting, Business, and Financial History 8 (Nov. 1998): 351–69.CrossRefGoogle Scholar

Unpublished Sources

Kobrak, Christopher. “Between Nationalism and Internationalism: Schering AG and the Culture of German Capitalism, 1851–1945.” Ph.D. diss., Columbia University, 1999.Google Scholar
Kobrak, Christopher. “The Foreign-Exchange Dimension of Corporate Control in the Third Reich.” Gesellschaft für Unternehmensgeschichte Conference, Frankfurt am Main, Oct. 2000.Google Scholar
Wimmer, Wolfgang. “Gesundheitswesen und Innovationen der PharmaIndustrie in Deutschland, 1880–1935.” Ph.D. diss., Freie Universität Berlin, 1993.Google Scholar

Archival Sources

Berlin Document Center, Germany.Google Scholar
Bundesarchiv Berlin, Germany.Google Scholar
Schering Archives, Berlin, Germany.Google Scholar