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The problematics of financialization: Critical reflections

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  • Haslam, Jim

Abstract

Andersson et al. (this issue) add to developing literature on financialization in reflecting on the bio-pharma industry. Their theorising is both an account of a process of financialization and a problematisation with a substantive resonance. The concern here is to contribute to a critical appreciation of the problematics of financialization through reflecting upon the developing thesis as indicated in the Andersson et al.’s study.

Suggested Citation

  • Haslam, Jim, 2010. "The problematics of financialization: Critical reflections," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(7), pages 642-645.
  • Handle: RePEc:eee:crpeac:v:21:y:2010:i:7:p:642-645
    DOI: 10.1016/j.cpa.2010.06.007
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    References listed on IDEAS

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    1. Thomas I. Palley, 2013. "Financialization: What It Is and Why It Matters," Palgrave Macmillan Books, in: Financialization, chapter 2, pages 17-40, Palgrave Macmillan.
    2. Newberry, Susan & Robb, Alan, 2008. "Financialisation: Constructing shareholder value … for some," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 19(5), pages 741-763.
    3. Dore, Ronald, 2000. "Stock Market Capitalism: Welfare Capitalism: Japan and Germany versus the Anglo-Saxons," OUP Catalogue, Oxford University Press, number 9780199240616.
    4. William LAZONICK, 2008. "The Quest for Shareholder Value : Stock Repurchases in the US Economy," Discussion Papers (REL - Recherches Economiques de Louvain) 2008043, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    5. William Lazonick, 2008. "The Quest for Shareholder Value: Stock Repurchases in the US Economy," Recherches économiques de Louvain, De Boeck Université, vol. 74(4), pages 479-540.
    6. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Zhang, Ying & Andrew, Jane, 2014. "Financialisation and the Conceptual Framework," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(1), pages 17-26.
    2. Graaf, Johan & Kraus, Kalle & Strömsten, Torkel, 2022. "The problematics of financialization – On the important (but neglected) horizontal axis of organizational action," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 89(C).
    3. Smyth, Stewart & Cole, Ian & Fields, Desiree, 2020. "From gatekeepers to gateway constructors: Credit rating agencies and the financialisation of housing associations," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 71(C).

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