This book investigates the emergence of a transcorporate network of elite executives who exert significant influence over government policy and political environments in the United States and the United Kingdom. Michael Useem, a professor of management, utilizes organizational theory and comparative political analysis to argue that top-tier corporate leaders have formed an 'inner circle' to protect and advance collective business interests. By examining the intersection of corporate boards and public policy, the author demonstrates how these individuals coordinate their efforts to mitigate the impact of regulation and economic instability.

Experts recognize this work as a foundational text in the study of corporate power and elite networks. Readers frequently note the academic density of the prose, which provides a rigorous sociological look at how business leaders influence national policy.