IDEAS home Printed from https://ideas.repec.org/a/taf/jpolrf/v24y2021i4p472-487.html
   My bibliography  Save this article

Private equity as a commodification of companies: the case of the German automotive supply industry

Author

Listed:
  • Christoph Scheuplein

Abstract

Private equity is a form of financialization in which companies become commodities. This paper examines for the first time the impact of private equity on a single sector, the automotive supply industry, in a coordinated market economy. It demonstrates that companies hereby entered a cycle of uncertainty: many were taken over by financial investors several times, they were divorced from their regional production ties, and were given international owners. In addition, corporate governance changed, keeping employees away from traditional information and decision-making channels

Suggested Citation

  • Christoph Scheuplein, 2021. "Private equity as a commodification of companies: the case of the German automotive supply industry," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 24(4), pages 472-487, October.
    • Handle: RePEc:taf:jpolrf:v:24:y:2021:i:4:p:472-487
    DOI: 10.1080/17487870.2019.1637590
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17487870.2019.1637590
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17487870.2019.1637590?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Scheuplein, Christoph, 2022. "Private equity in Germany: An assessment of transaction, structures and players," Study / edition der Hans-Böckler-Stiftung, Hans-Böckler-Stiftung, Düsseldorf, volume 127, number 470, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jpolrf:v:24:y:2021:i:4:p:472-487. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/GPRE19 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.