The Financialization of the U.S. Corporation: What Has Been Lost, and How It Can Be Regained

By William Lazonick. 2012

139 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/57a82efd0d58d3516014428567dc02b7d81a4d8f

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Citations in the corpus

Financialization in the workplace: Hegemonic narratives, performative interventions and the angry knowledge worker (2013, background): “Continuous cost cutting, restructuring and change means financialization is associated with job insecurity (Kalleberg, 2010; Lazonick, 2012; Shin, 2010), reduced share of national income (Dünhaupt, 2013) offshoring (Milberg & Winkler, 2009) less secure remuneration and benefits (Jackson, 2005; Langl”
Financing innovation: creative destruction vs. destructive creation (2013, background): “This problem is being felt strongly today in the emerging clean-technology sector where venture capital is either absent or producing the quick in/out funding dynamic that results in bankruptcies such as that of Solyndra in 2012 (Hopkins and Lazonick, 2012).”
Public financing of innovation: new questions (2017, background): “…finance has increasingly retreated from financing productive activities (Turner, 2015) and the real economy itself has become increasingly financialised, with spending on areas such as share buybacks exceeding spending on long-run investments like human capital formation and R&D (Lazonick, 2013).”
The effects of financialization on investment: evidence from firm-level data for the UK (2018, background): “In fact, cash dividends paid are not just an extraction of liquidity from the company’s retained operating income, but they may also reflect behavioural changes due to the SVO as suggested by Lazonick and O’Sullivan (2000) and Lazonick (2009).”