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dc.contributor.convenorSylvia Walbay, RC02
dc.contributor.authorMurray, Georgina
dc.contributor.authorPeetz, David
dc.date.accessioned2017-05-03T11:52:17Z
dc.date.available2017-05-03T11:52:17Z
dc.date.issued2010
dc.date.modified2011-04-07T05:30:41Z
dc.identifier.urihttp://hdl.handle.net/10072/37499
dc.description.abstractThis paper examines the relationship of a transnational capitalist class to the nation state through the control that is exercised by virtue of the ownership & direction of equity funds. We use cross-national data on corporate assets, turnover & shareholdings to investigate the direct & indirect ownership & hence control of the world's 250 largest corporations. We identify key corporations that in turn hold ownership (through shareholdings) that crosses nation-state boundaries & establishes substantial power in relation to nation states. We find that the influence of finance capital extends far beyond the provision of loans to finance corporate expansion. Both directly & indirectly (through funds they administer), finance capital owns or at least controls the ownership of a substantial proportion of largest transnational corporations, to such an extent that the idea of distinguishing fractions of capital between 'finance capital', 'manufacturing capital' & other sectors of capital becomes increasingly problematic.
dc.description.publicationstatusYes
dc.format.extent217769 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherCSA Sociological Abstracts
dc.publisher.placeSan Diego, CA
dc.publisher.urihttps://www.isa-sociology.org/en
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofconferencenameXVII ISA World Congress of Sociology - Sociology on the Move
dc.relation.ispartofconferencetitleXVII ISA World Congress of Sociology. Sociology on the Move. Conference Abstracts
dc.relation.ispartofdatefrom2010-07-10
dc.relation.ispartofdateto2010-07-16
dc.relation.ispartoflocationGoteborg, Sweden
dc.rights.retentionY
dc.subject.fieldofresearchHeterodox Economics
dc.subject.fieldofresearchcode149903
dc.titleWho Rules the World - Ownership and Finance Capital
dc.typeConference output
dc.type.descriptionE2 - Conferences (Non Refereed)
dc.type.codeE - Conference Publications
gro.facultyArts, Education & Law Group, School of Humanities, Languages and Social Sciences
gro.rights.copyright© The Author(s) 2010. This is the author-manuscript version of this paper. It is posted here with permission of the copyright owners for your personal use only. No further distribution permitted. For information about this conference please refer to the conference's website or contact the authors.
gro.date.issued2010
gro.hasfulltextFull Text
gro.griffith.authorMurray, Georgina
gro.griffith.authorPeetz, David R.


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    Contains papers delivered by Griffith authors at national and international conferences.

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