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Merely professionalizing the board of directors is not enough to achieve competent business leadership and at the same time the necessary independent check on executives.

— Robert Aaron Gordon Business Leadership in the Large Corporation (1945)

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More quotes by Robert Aaron Gordon

Except for specialists such as market analysts and the like, economists as a professional group have had surprisingly little influence on businessman.

Business Leadership in the Large Corporation (1945)

The real revolution (in property rights) has already largely taken place; the great majority of stockholders have been deprived of control of their property through the diffusion of ownership and the growth in the power of management.

Business Leadership in the Large Corporation (1945)

Business-cycle theorists concerned themselves with why the economy naturally generated fluctuations in employment and output, [while the rest of the profession] continued to operate on the assumption that full employment was the natural, equilibrium position for the economy.

Business Fluctuations (1952)

Production management courses are often the repository for some of the most inappropriate and intellectually stultifying materials to be found in the business curriculum... many faculty members have little respect for such courses... and students complained more strongly to us about the pointlessness of the production requirement than of any other.

Business Leadership in the Large Corporation (1945)

The majority of students studying for the master's degree in business are enrolled in makeshift programs which are generally unsatisfactory... Business administration gets a much larger portion of poor students and a smaller percentage of the best students than do the traditional professional fields.

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Quote text and notes from Wikiquote: Robert Aaron Gordon (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.