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In his study of the closing of Plant, Alfred Slote describes how Allen, the Vice-President of Pennsylvania Corporation, had been responsible for the closing of two smaller plants before Baker. Allen picked Frank to close Baker Plant because, was a good businessman. ... The closed plant kept up production to the end. Alfred Slote, Termination: The Closing of Baker Plant (Indianapolis: Bobbs-Merrill, 1969) pp. 23, 27. In the formulation being employed in this paper, Allen would be a ''revitalizing entrepreneur, and Robertson the receiver in bankruptcy. Presumably Robertson expected that his success in smoothly closing Baker Plant would lead to further corporate rewards, although he could certainly not have expected much support from the Baker Plant constituencies directly. 44. David Stanley and Marjorie Girth, Bankruptcy: Problem, Process, Reform (Washington: Brookings, 1971) p. 121. 45. This distinction is based on the arguments of Mancur Olson, Logic of Collective Action (Cambridge: Harvard University Press, 1965).
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Robert D. Behn (1978) studied this question.
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