The takeover movement of the 1980s was perhaps the single most important set of events to stimulate the "liquidation" of corporate America. Wielding the threat of corporate takeover, Wall Street investment banks forced corporations to choose between shareholder value and other alternatives of corporate governance, and thus "actualized" the shareholder value worldview by instigating fundamental structural changes in U.S. corporations in line with Wall Street's particular vision of what corporations are and whose interests they should serve. [...]