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Rethinking the Financialisation of Non-Financial Corporations: A Reappraisal of US Empirical Data
16 references·12 citing·35 second hop
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A literature review (2021)Whither corporate financializ…Financialisation and the ‘supply-side’ face of the investment-profit puzzle (2020)Financialisation and the ‘sup…Did the ‘Real’ Economy Turn Financial? Mapping the Contours of Financialisation in the Non-Financial Corporate Sector (2020)Did the ‘Real’ Economy Turn F…The Profit–Investment Nexus in an Era of Financialisation, Globalisation and Monopolisation: A Profit-Centred Perspective (2018)The Profit–Investment Nexus i…The financialisation–offshoring nexus and the capital accumulation of US non-financial firms (2018)The financialisation–offshori…Financialization and Investment: A Survey of the Empirical Literature (2018)Financialization and Investme…FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE: FINANCIALIZATION AND INVESTMENT (2017)FINANCIALIZATION AND INVESTME…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Making sense of financialization (2014)A Tract on Monetary Reform (1924)Inference in Linear Time Series Models with some Unit Roots (1990)Financial liberalization, private investment and portfolio choice: Financialization of real sectors in emerging markets (2008)Governing global value chains: an introduction (2008)Financing Constraints and Corporate Investment (1987)Selling City Futures: The Financialization of Urban Redevelopment Policy (2010)The limits to financialization (2015)Econometric Analysis of Panel Data (2021)The Modern Corporation and Private Property (1933)The External Control of Organizations. (1978)The transformation of corporate control (1990)When data is capital: Datafication, accumulation, and extraction (2019)Taxes, Tariffs and Transfer Pricing in Multinational Corporate Decision Making (1991)Fiscal Paradise: Foreign Tax Havens and American Business (1994)A Multinational Perspective on Capital Structure Choice and Internal Capital Markets (2004)Using Financial Accounting Data to Examine the Effect of Foreign Operations Located in Tax Havens and Other Countries on U.S. Multinational Firms' Tax Rates (2009)Corporate taxes and the location of intangible assets within multinational firms (2010)Public Pressure and Corporate Tax Behavior (2015)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)Financializing space, spacing financialization (2011)Classification situations: Life-chances in the neoliberal era (2013)Democracy and the Policy Preferences of Wealthy Americans (2013)Does the Stock Market Overreact? (1985)Introduction: epistemic communities and international policy coordination (1992)Postwar U.S. Business Cycles: An Empirical Investigation (1997)Political Parties and Macroeconomic Policy (1977)Dividend yields and expected stock returns (1988)Modelling Asymmetric Cointegration and Dynamic Multipliers in a Nonlinear ARDL Framework (2014)An Introduction to Varieties of Capitalism (2001)Social Protection and the Formation of Skills: A Reinterpretation of the Welfare State (2001)Varieties of Capitalism (2001)
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References

  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1936The General Theory of Employment, Interest and Money.12,562 cited
  • 2005The financialization of the American economy2,598 cited
  • 2005Financialization and the World Economy2,177 cited
  • 2000Maximizing shareholder value: a new ideology for corporate governance1,970 cited
  • 2002Maximizing Shareholder Value: A New Ideology for Corporate Governance1,237 cited
  • 2004Financialisation and the slowdown of accumulation1,103 cited
  • 2008Financialisation and capital accumulation in the non-financial corporate sector:: A theoretical and empirical investigation on the US economy: 1973-2003983 cited
  • 2017Capitalizing on Crisis: The Political Origins of the Rise of Finance638 cited
  • 2005The demand for tax haven operations622 cited
  • 2014Taxing across Borders: Tracking Personal Wealth and Corporate Profits602 cited
  • 2013Financialization and U.S. Income Inequality, 1970–2008587 cited
  • 2013The Missing Wealth of Nations: Are Europe and the U.S. net Debtors or net Creditors?*557 cited
  • 2013The Crisis of Neoliberalism423 cited
  • 2012The Macroeconomics of Finance-Dominated Capitalism – and its Crisis

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316 cited
  • 2011Financialisation, income distribution and aggregate demand in the USA274 cited
  • Cited by

    • 2022Augmenting digital monopolies: A corporate financialization perspective on the rise of Big Tech77 cited
    • 2021Whither corporate financialization? A literature review63 cited
    • 2018The financialisation–offshoring nexus and the capital accumulation of US non-financial firms57 cited
    • 2020Did the ‘Real’ Economy Turn Financial? Mapping the Contours of Financialisation in the Non-Financial Corporate Sector48 cited
    • 2018The Profit–Investment Nexus in an Era of Financialisation, Globalisation and Monopolisation: A Profit-Centred Perspective44 cited
    • 2023Government audit supervision, financialization, and executives' excess perks: Evidence from Chinese state-owned enterprises41 cited
    • 2022Shareholder payouts across time and space: an internationally comparative and cross-sectoral analysis of corporate financialisation39 cited
    • 2017FINANCIALIZATION AND INVESTMENT: A SURVEY OF THE EMPIRICAL LITERATURE: FINANCIALIZATION AND INVESTMENT28 cited
    • 2018Financialization and Investment: A Survey of the Empirical Literature28 cited
    • 2022Cash holdings and corporate financialization: Evidence from listed Latin American firms24 cited
    • 2020Financialisation and the ‘supply-side’ face of the investment-profit puzzle23 cited
    • 2023Two Aspects of Digitalization Affecting Financial Asset Allocation: Evidence from China17 cited