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Corporate Financialization
book

Corporate Financialization

by Marcelo José do Carmo, Mário Sacomano Neto, Julio Cesar Donadone
March 2023
Intermediate to advanced content levelIntermediate to advanced
240 pages
7h 12m
English
Routledge
Content preview from Corporate Financialization

1 Introduction

DOI: 10.4324/9781003309536-1

According to Van der Zwan (2014), financialization of the economy, companies, and society is considered a multidimensional process. It is both a new regime of accumulation and the rise and predominance of principles to maximize shareholder value and even the financialization of daily life, incorporating everyday practices specific to financial institutions in people’s daily lives. An example of this is life insurance, which in its early days was frowned upon for dealing with the expectation of death and monetizing life, but today is perfectly accepted and practiced. According to other authors, the financial sector in the economy is increasingly growing in importance (Epstein, 2002; Palley, 2008

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Publisher Resources

ISBN: 9781000857436