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| Author: | Aglietta, M. Breton, R. |
| Title: | Financial systems, corporate control and capital accumulation |
| Journal: | Economy and Society
2001 : NOV, VOL. 30:4, p. 433-466 |
| Index terms: | CAPITAL ACCUMULATION COMPANY CONTROL DEBT FINANCIAL SERVICES LIQUIDITY STRATEGIC MANAGEMENT |
| Language: | eng |
| Abstract: | The rise of financial markets, backed by the revolution in information technology, has been one of the pillars of the new economy. Asset price inflation, financed by debt, has now become the driving force in capital accumulation and equity-linked markets for corporate control over significant effects on both corporate strategic management and the growth of the business sector. This paper develops a model to study these relationships. |
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