{"id":"https://openalex.org/W2332910253","doi":"https://doi.org/10.2307/3116351","title":"The U.S. Cable Television Industry, 1948\u20131995: Managerial Capitalism in Eclipse","display_name":"The U.S. Cable Television Industry, 1948\u20131995: Managerial Capitalism in Eclipse","publication_year":2000,"publication_date":"2000-01-01","ids":{"openalex":"https://openalex.org/W2332910253","doi":"https://doi.org/10.2307/3116351","mag":"2332910253"},"language":"en","primary_location":{"id":"doi:10.2307/3116351","doi":"https://doi.org/10.2307/3116351","is_oa":false,"landing_page_url":"https://doi.org/10.2307/3116351","pdf_url":null,"source":{"id":"https://openalex.org/S88020226","display_name":"The Business History Review","issn_l":"0007-6805","issn":["0007-6805","2044-768X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-3","norway-2","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business History Review","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5017877672","display_name":"Thomas R. Eisenmann","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I136199984","display_name":"Harvard University","ror":"https://ror.org/03vek6s52","country_code":"US","type":"education","lineage":["https://openalex.org/I136199984"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Thomas R. Eisenmann","raw_affiliation_strings":["THOMAS R. EISENMANN is an assistant professor in the Entrepreneurial Management/Service Management Unit at Harvard Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"THOMAS R. EISENMANN is an assistant professor in the Entrepreneurial Management/Service Management Unit at Harvard Business School","institution_ids":["https://openalex.org/I136199984"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5017877672"],"corresponding_institution_ids":["https://openalex.org/I136199984"],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":0.5375,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.79947575,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":95},"biblio":{"volume":"74","issue":"1","first_page":"1","last_page":"40"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.850600004196167,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.850600004196167,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10605","display_name":"Historical Economic and Social Studies","score":0.019899999722838402,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11043","display_name":"Merger and Competition Analysis","score":0.01940000057220459,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cable-television-industry","display_name":"cable television industry","score":0.9950000047683716},{"id":"https://openalex.org/keywords/managerial-capitalism","display_name":"managerial capitalism","score":0.996999979019165},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.4259999990463257},{"id":"https://openalex.org/keywords/owner-managers","display_name":"owner-managers","score":0.5009999871253967},{"id":"https://openalex.org/keywords/mergers-and-acquisitions","display_name":"mergers and acquisitions","score":0.7599999904632568},{"id":"https://openalex.org/keywords/divestment","display_name":"divestiture","score":0.9110000133514404},{"id":"https://openalex.org/keywords/newspaper-publishers","display_name":"newspaper publishers","score":0.6570000052452087},{"id":"https://openalex.org/keywords/television-broadcasters","display_name":"television broadcasters","score":0.9729999899864197},{"id":"https://openalex.org/keywords/capital-investment","display_name":"capital investment","score":0.5320000052452087},{"id":"https://openalex.org/keywords/regulatory-uncertainty","display_name":"regulatory uncertainty","score":0.5659999847412109},{"id":"https://openalex.org/keywords/competitive-environment","display_name":"competitive environment","score":0.5669999718666077}],"concepts":[{"id":"https://openalex.org/C181190989","wikidata":"https://www.wikidata.org/wiki/Q1200733","display_name":"Divestment","level":2,"score":0.7865935564041138},{"id":"https://openalex.org/C201280247","wikidata":"https://www.wikidata.org/wiki/Q11032","display_name":"Newspaper","level":2,"score":0.618003785610199},{"id":"https://openalex.org/C151913843","wikidata":"https://www.wikidata.org/wiki/Q3454555","display_name":"Dominance (genetics)","level":3,"score":0.5388829708099365},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5176128149032593},{"id":"https://openalex.org/C548217281","wikidata":"https://www.wikidata.org/wiki/Q731112","display_name":"Mergers and acquisitions","level":2,"score":0.4950181841850281},{"id":"https://openalex.org/C514928085","wikidata":"https://www.wikidata.org/wiki/Q6206","display_name":"Capitalism","level":3,"score":0.48670342564582825},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.4667060375213623},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.45301583409309387},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.43708565831184387},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4263092279434204},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.35552117228507996},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.35533109307289124},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3384357690811157},{"id":"https://openalex.org/C112698675","wikidata":"https://www.wikidata.org/wiki/Q37038","display_name":"Advertising","level":1,"score":0.17389622330665588},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.11984270811080933},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.2307/3116351","doi":"https://doi.org/10.2307/3116351","is_oa":false,"landing_page_url":"https://doi.org/10.2307/3116351","pdf_url":null,"source":{"id":"https://openalex.org/S88020226","display_name":"The Business History Review","issn_l":"0007-6805","issn":["0007-6805","2044-768X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-3","norway-2","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business History Review","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:cup:buhirw:v:74:y:2000:i:01:p:1-40_03","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S0007680500038848/type/journal_article","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.48510000109672546,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W382711027","https://openalex.org/W575467928","https://openalex.org/W639357286","https://openalex.org/W655284310","https://openalex.org/W1500635551","https://openalex.org/W1522128272","https://openalex.org/W1524085162","https://openalex.org/W1531341052","https://openalex.org/W1606272114","https://openalex.org/W1895366050","https://openalex.org/W1973308529","https://openalex.org/W1991795148","https://openalex.org/W1999364636","https://openalex.org/W2006285031","https://openalex.org/W2010894879","https://openalex.org/W2050548405","https://openalex.org/W2057243924","https://openalex.org/W2081668176","https://openalex.org/W2092790929","https://openalex.org/W2094099441","https://openalex.org/W2102682787","https://openalex.org/W2119601247","https://openalex.org/W2129432581","https://openalex.org/W2166311523","https://openalex.org/W2272201196","https://openalex.org/W2566856888","https://openalex.org/W2735424014","https://openalex.org/W3122859634","https://openalex.org/W3123331292","https://openalex.org/W3141238205","https://openalex.org/W4206942429","https://openalex.org/W4212810673","https://openalex.org/W4298160530"],"related_works":["https://openalex.org/W4255518263","https://openalex.org/W136105541","https://openalex.org/W2092673466","https://openalex.org/W2617524260","https://openalex.org/W1762278517","https://openalex.org/W2324692077","https://openalex.org/W2884017487","https://openalex.org/W1521083611","https://openalex.org/W2285310652","https://openalex.org/W1991019118"],"abstract_inverted_index":{"Alfred":[0],"D.":[1],"Chandler,":[2],"Jr.,":[3],"observed":[4],"that":[5,15,101,140],"under":[6],"managerial":[7],"capitalism,":[8],"salaried":[9],"managers":[10,36,138],"tended":[11],"to":[12,128,153,171,176,190,195],"pursue":[13],"policies":[14],"promoted":[16],"the":[17,53,57,69,74,94,116,120,155,172,177],"long-term":[18],"stability":[19,39,84],"and":[20,40,46,63,85,105,149,165,175,182],"growth":[21,41,86],"of":[22,34,91,119],"their":[23,141],"enterprises.":[24],"The":[25],"U.S.":[26],"cable":[27,70,79,95,130,142,173],"television":[28,64],"industry":[29,174],"provides":[30],"a":[31,81,89,158],"case":[32],"study":[33],"how":[35],"responded":[37],"when":[38,47],"were":[42,49,124,151,187,193],"mutually":[43,50],"consistent":[44],"objectives,":[45],"they":[48,150,179,192],"exclusive.":[51],"From":[52],"late":[54],"1950s":[55],"through":[56],"early":[58],"1980s,":[59],"agent-led":[60,97,122,136],"newspaper":[61],"publishers":[62],"broadcasters":[65],"invested":[66],"aggressively":[67],"in":[68,73,78],"business.":[71],"Beginning":[72],"mid-1980s,":[75],"however,":[76],"investing":[77],"implied":[80],"tradeoff":[82],"between":[83],"objectives.":[87],"As":[88],"wave":[90],"mergers":[92],"swept":[93],"industry,":[96],"companies":[98,123],"avoided":[99],"acquisitions":[100],"might":[102],"dilute":[103],"earnings":[104],"depress":[106],"stock":[107],"prices.":[108],"Confronting":[109],"an":[110],"increasingly":[111],"turbulent":[112],"competitive":[113],"environment":[114],"during":[115],"first":[117],"half":[118],"1990s,":[121],"much":[125,162],"more":[126,188],"likely":[127],"divest":[129],"assets":[131],"than":[132],"owner-managed":[133],"firms.":[134],"In":[135],"companies,":[137],"believed":[139],"units":[143],"would":[144],"require":[145],"massive":[146],"capital":[147],"investments,":[148],"reluctant":[152,189],"\u201cbet":[154],"company\u201d":[156],"on":[157,197],"business":[159],"facing":[160],"so":[161],"competitive,":[163],"technological,":[164],"regulatory":[166],"uncertainty.":[167],"Owner-managers,":[168],"emotionally":[169],"attached":[170],"firms":[178],"had":[180],"built,":[181],"often":[183],"harboring":[184],"dynastic":[185],"ambitions,":[186],"sell:":[191],"willing":[194],"gamble":[196],"growth.":[198]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}