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dc.contributor.convenorSylvia Walbay, RC02en_AU
dc.contributor.authorMurray, Georginaen_US
dc.contributor.authorPeetz, Daviden_US
dc.date.accessioned2017-04-24T08:48:54Z
dc.date.available2017-04-24T08:48:54Z
dc.date.issued2010en_US
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.en_US
dc.description.publicationstatusYesen_AU
dc.format.extent217769 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherCSA Sociological Abstractsen_US
dc.publisher.placeSan Diego, CAen_US
dc.publisher.urihttp://www.isa-sociology.org/congress2010/index.htmen_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofconferencenameXVII ISA World Congress of Sociology - Sociology on the Moveen_US
dc.relation.ispartofconferencetitleXVII ISA World Congress of Sociology. Sociology on the Move. Conference Abstractsen_US
dc.relation.ispartofdatefrom2010-07-10en_US
dc.relation.ispartofdateto2010-07-16en_US
dc.relation.ispartoflocationGoteborg, Swedenen_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchHeterodox Economicsen_US
dc.subject.fieldofresearchcode149903en_US
dc.titleWho Rules the World - Ownership and Finance Capitalen_US
dc.typeConference outputen_US
dc.type.descriptionE2 - Conference Publications (Non HERDC Eligible)en_US
dc.type.codeE - Conference Publicationsen_US
gro.facultyArts, Education & Law Group, School of Humanities, Languages and Social Sciencesen_US
gro.rights.copyrightCopyright remains with the authors 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.en_AU
gro.date.issued2010
gro.hasfulltextFull Text


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

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