In looking at dispersion or concentration of ownership within corporations, little attention has been given to the dispersion or concentration of ownership across corporations. We examined ownership in 929 of the largest corporations in four countries. We found: the growing concentration of ownership in the hands of finance capital over the past three decades; the significance of industrial capital as an owner of other industrial capital in the other three countries but its total subservience to finance capital in the USA; the continuing significance of key individuals and families as owners in Germany, albeit as only a declining minority, whereas they are of little significance elsewhere; and the stable or falling profile of banks alongside the growing role in each country of other ‘financial corporations’. We also found the minor role of the state outside of Germany; and, most importantly, the emergence of a small number of key corporations in finance capital that, through funds management in particular, repeatedly take leading shareholder positions in firms in the US and, to a lesser extent, other countries.
مجموعه
تاريخ نشر
, (October 2013)
توصيف ظاهري
: P. 711-730
عنوان
Globalizations
شماره جلد
, 10/5
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
financialisation
موضوع مستند نشده
corporate ownership
موضوع مستند نشده
concentration
موضوع مستند نشده
centralization
موضوع مستند نشده
key individuals
موضوع مستند نشده
key corporations
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )