Financialization of the global economy
By R. Dore. 2008
288 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/b84557cc3f215a9245cdbf534846bb9006cbc400
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Mariana Mazzucato
- Ross Brown
- Neil Chueh-An Lee
- Karen P. Y. Lai
- Dariusz Wójcik
- Neil M. Coe
- C. Pérez
- Lilit Popoyan
In Finance
- Karen P. Y. Lai
- Neil M. Coe
- Hugh Willmott
- Neil Chueh-An Lee
- Ross Brown
- Lilit Popoyan
- C. Pérez
- Paola D'Orazio
Citations in the corpus
- Financing innovation: creative destruction vs. destructive creation (2013, background): “In general, these studies show that the short-termism of shareholder capitalism creates negative incentives for companies to invest in (uncertain) innovation (Dore, 2008).”
- Creating ‘value’ beyond the point of production: branding, financialization and market capitalization (2010, background): “Amongst many others, Harvey (2005) and Dore (2008) 528 Organization 17(5) note how, in the post-1970s era, profit-making shifted from trade and commodity production to the development and use of financial channels (see Krippner, 2005).”
- Comparative and International Corporate Governance (2010, background): “…regulatory environment for financial markets and resulting “financialization” of the corporate economy (e.g., securitization of financial markets) have been associated with a profound shifts in corporate ownership through the rise of new types of shareholders (G.F. Davis, 2009; R. Dore, 2008).”
- Innovation, SMEs and the liability of distance: the demand and supply of bank funding in UK peripheral regions (2016, background): “The literature on financialization suggests that the supply of capital will have increasing impact on the actions of firms (Dore, 2008).”
- The double bubble at the turn of the century: technological roots and structural implications (2009, background): “Several authors have pointed out that finance has come to dominate the economy to an extent that could be termed ‘financialisation’ (see Arrighi, 1994; Dore, 2008; Krippner, 2005; van Treeck, 2009) and that this constitutes a fundamental change in the market economy.”
- The Sociology of Finance (2011, background): “Finance’s share of corporate profits also grew substantially over the same period (Dore 2008; Guillén & Suárez 2010, p. 260; Krippner 2005, pp. 178–79), and bank profits were particularly high in the decade before the recent crisis (Tregenna 2009).”
- Financialization and the workplace: extending and applying the disconnected capitalism thesis (2013, background): “In turn, this is linked to the transfer of powers, previously referred to, from local, unit-level managers to corporate executives more directly accountable to shareholders (Dore, 2008).”
- Integrating Finance into Global Production Networks (2014, background): “Existing studies range from how the finance sector dominates national political economies (BLACKBURN, 2006; DORE, 2008), to how firm strategies and management are increasingly beholden to the logics of finance (WILLIAMS, 2000; FROUD et al.”
- Rising powers, global capitalism and liberal global governance: A historical materialist account of the BRICs challenge (2014, background): “…the finance industry, the increased portion of profits from the financial sector and the growth of new and more complex intermediating activities (Dore, 2008; Stockhammer, 2004). widespread reductions in regulatory restrictions, the growth of financial derivatives, increased hedging for…”
- Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies? (2019, background): “…for capital mobilization aimed at green investment projects (King, 2013; Spencer and Stevenson, 2013; Bhattacharya et al., 2015), which require long-term “patient” financial capitals that are, by definition, riskier than short-term assets (Dore, 2008; Mazzucato, 2013).”
- Predicting stakeholder orientation in the multinational enterprise: A mid-range theory (2011, background): “Though interviewees may wish to appear more ‘other oriented’, the dominant norm in business is shareholder primacy (Dore, 2008), and executives might be reluctant to underplay their fiduciary duties.”
- Financialisation and the Conceptual Framework (2014, background): “This shift has seen the proliferation of complex financial instruments and derivatives, and a movement away from the real economy in terms of profit-seeking activity (BIS, 2007; Dore, 2008).”