Chapter

Finance capital in Chandlerian capitalism

Mary A. O’Sullivan

in Management Innovation

Published in print March 2012 | ISBN: 9780199695683
Published online May 2012 | e-ISBN: 9780191738265 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199695683.003.0011
Finance capital in Chandlerian capitalism

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Alfred Chandler wrote a great deal on finance capital in the development of big business. In making bold and provocative statements, he provided scholars with a variety of stimulating ideas. To a large extent, however, we still do not know whether Chandler’s assertions were correct. Ultimately, the value of revisiting Chandler’s research on finance capital in the rise of US big business is to understand how much research needs to be done and the questions it needs to address.

Keywords: finance; securities markets; investment banking; capital requirements; investment; speculation; corporate ownership; corporate control; stockholders

Chapter.  19298 words. 

Subjects: Innovation

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