How do we interpret the significant organizational transformations that characterized most enterprises in the last thirty years? So far, the prevailing explanation is that such changes emerged as the rational answer to essentially industrial and productive problems: the need to face an increasing instability of the goods and services markets. In this paper we propose a different interpretation. We argue that such transformations are better explained by focusing on the pressure exercised by financial markets.
Financialization and organizational changes in multinational enterprises
BERDICCHIA, Domenico;MASINO, Giovanni
2013
Abstract
How do we interpret the significant organizational transformations that characterized most enterprises in the last thirty years? So far, the prevailing explanation is that such changes emerged as the rational answer to essentially industrial and productive problems: the need to face an increasing instability of the goods and services markets. In this paper we propose a different interpretation. We argue that such transformations are better explained by focusing on the pressure exercised by financial markets.File in questo prodotto:
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