How Long to Read Corporate Profit and Nuclear Safety

How Long Does it Take to Read Corporate Profit and Nuclear Safety?

It takes the average reader 3 hours and 14 minutes to read Corporate Profit and Nuclear Safety by Paul W. MacAvoy

Assuming a reading speed of 250 words per minute. Learn more

Description

Northeast Utilities Company adopted an ambitious new competitive strategy in the mid-1980s, seeking to become the low-cost supplier in New England electric power markets bracing for deregulation. Given its high-cost nuclear facilities, doing so required a corporate turnaround. For a decade Northeast faced increasing public and employee resistance to cost cutting at its nuclear plants. Though management achieved many of its goals, curtailing outlays on nuclear operations meant high risk that the Nuclear Regulatory Commission would close the plants because of frequent, prolonged outages. This is just what happened in 1996. Did management's deliberate cost-containment strategy take nuclear operations to an inevitable regulatory shutdown, and if so, why? Was it the pursuit of executive compensation tied to cost containment that caused undue risk of regulatory shutdown? Paul MacAvoy and Jean Rosenthal describe ten years of corporate performance preceding the shutdown, detailing aggressive executive decisions, mounting regulatory actions in response to increasingly severe operational failures, and--at the same time--overall improvement in corporate earnings, stock prices, and executive pay packages. They relate the complexities of managing declining nuclear plant operations under ever more pressing budgetary targets. Their discussion of the increasing risk of outages raises the issue of the tradeoff of profit and conservative management of hazard operations. All the more timely in light of the massive 2003 East Coast blackout, Corporate Profit and Nuclear Safety represents a powerful and cautionary commentary on industrial practices that goes to the heart of effective corporate governance.

How long is Corporate Profit and Nuclear Safety?

Corporate Profit and Nuclear Safety by Paul W. MacAvoy is 188 pages long, and a total of 48,504 words.

This makes it 63% the length of the average book. It also has 59% more words than the average book.

How Long Does it Take to Read Corporate Profit and Nuclear Safety Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 25 minutes to read Corporate Profit and Nuclear Safety aloud.

What Reading Level is Corporate Profit and Nuclear Safety?

Corporate Profit and Nuclear Safety is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Corporate Profit and Nuclear Safety?

Corporate Profit and Nuclear Safety by Paul W. MacAvoy is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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