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dc.contributor.convenorRay Markeyen_AU
dc.contributor.authorPeetz, Daviden_US
dc.contributor.authorMurray, Georginaen_US
dc.contributor.editorRay Markeyen_US
dc.date.accessioned2017-05-03T11:52:18Z
dc.date.available2017-05-03T11:52:18Z
dc.date.issued2011en_US
dc.date.modified2011-06-29T08:13:29Z
dc.identifier.urihttp://hdl.handle.net/10072/39312
dc.description.abstractFinance capital, jobs and restructuring corporate ownership in the United States David Peetz & Georgina Murray Griffith University We analyse data on ownership, global employment growth, assets and sale/revenue amongst the 221 largest US industrial corporations (by market capitalisation) to consider their patterns of ownership and how the restructuring of that ownership during the financial crisis may have affected the stability, concentration and composition of finance capital and changes in employment at the firm level. We found that instability associated with the global financial crisis created new patterns of dominance in finance capital, as banks lost their leading position, though less dramatically than some may have expected. We found strong evidence of high and increasing concentration of the ownership and control of leading industrial corporations by leading finance capital firms. Those in the most powerful positions in finance capital during periods of crisis were able to maintain their relative power, despite volatility elsewhere. And we found that employment growth was negatively linked to ownership instability and to ownership by banks in particular.en_US
dc.description.publicationstatusYesen_AU
dc.format.extent151311 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherAUTen_US
dc.publisher.placeAuckland University of Technologyen_US
dc.publisher.urihttp://airaanz.eventsmart.co.nz/conference-papers/en_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofconferencenameDialogue Downunderen_US
dc.relation.ispartofconferencetitleProceedings 25th Conference AIRAANZ Dialogue Downunderen_US
dc.relation.ispartofdatefrom2011-02-07en_US
dc.relation.ispartofdateto2011-02-11en_US
dc.relation.ispartoflocationAucklanden_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchHeterodox Economicsen_US
dc.subject.fieldofresearchcode149903en_US
dc.titleFinance capital, jobs and restructuring corporate ownership in the United Statesen_US
dc.typeConference outputen_US
dc.type.descriptionE2 - Conference Publications (Non HERDC Eligible)en_US
dc.type.codeE - Conference Publicationsen_US
gro.facultyGriffith Business School, Dept of Employment Relations and Human Resourcesen_US
gro.rights.copyrightCopyright 2011 AIRAANZ. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the conference's website for access to the definitive, published version.en_AU
gro.date.issued2011
gro.hasfulltextFull Text


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

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