Read Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy)

Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy)

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Description:Where presidents or members of affluent families were previously seen, it is increasingly the case that car manufacturers are owned by banks and investment funds which have taken control of the entire economic life of these firms. This has significant impact on the terms of employment and layoffs, wages and precarious work, growing inequalities in income strata, compensation levels for executives, and the implementation of short-termist strategies across business operations.This book explores this increasing financialization - the predominance of the financial sector over the productive sector - in the automotive industry. In particular it is shown that the financial operations of these companies through leasing, insurance, loans, and other financial instruments is now much more profitable than the manufacturing aspects of the business, which was originally the raison d'�tre for these firms. The chapters demonstrate how there are great demands to increase the return to shareholders as a main concern, despite other metrics and/or other stakeholders. The work studies the impact of financialization at the world's five largest automakers which together represent almost 50% of car production, providing an exploratory analysis of profitability, shareholder composition, compensation to executives, workers� salaries, dividend payments to shareholders, and employment.Encouraging debate on contemporary economy, this book marks a significant addition to the literature on financialization, contemporary forms of capitalism, labour and economic sociology more broadly.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy). To get started finding Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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ISBN: 1000449343

Description: Where presidents or members of affluent families were previously seen, it is increasingly the case that car manufacturers are owned by banks and investment funds which have taken control of the entire economic life of these firms. This has significant impact on the terms of employment and layoffs, wages and precarious work, growing inequalities in income strata, compensation levels for executives, and the implementation of short-termist strategies across business operations.This book explores this increasing financialization - the predominance of the financial sector over the productive sector - in the automotive industry. In particular it is shown that the financial operations of these companies through leasing, insurance, loans, and other financial instruments is now much more profitable than the manufacturing aspects of the business, which was originally the raison d'�tre for these firms. The chapters demonstrate how there are great demands to increase the return to shareholders as a main concern, despite other metrics and/or other stakeholders. The work studies the impact of financialization at the world's five largest automakers which together represent almost 50% of car production, providing an exploratory analysis of profitability, shareholder composition, compensation to executives, workers� salaries, dividend payments to shareholders, and employment.Encouraging debate on contemporary economy, this book marks a significant addition to the literature on financialization, contemporary forms of capitalism, labour and economic sociology more broadly.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy). To get started finding Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy)

Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society (Routledge Frontiers of Political Economy)

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