TY - JOUR
T1 - Financialisation and small firms
T2 - a qualitative analysis of Bio-Science and Film and Media Firms
AU - Pollard, Jane
AU - Richter, Paul
AU - Down, Simon
AU - Ram, Monder
N1 - © Sage 2017. The final publication is available via Sage at http://dx.doi.org/10.1177/0266242617741340
PY - 2018/5/1
Y1 - 2018/5/1
N2 - How, if at all, does financialisation affect small firms that have no direct exposure to capital markets? The paper argues the need to address this lacuna empirically, conceptually and politically. The paper then draws on research from a qualitative longitudinal analysis of UK small businesses in bio business and film and media sectors and identifies three potential conduits through which financialising principles and practices may be perceived, translated, and resisted for owners, managers and staff. More broadly, the article argues that financial relations should figure more prominently and move from their relatively marginal location into the heart of socio-economic analysis of small firms. As such, the research connects with and extends an important social science tradition of research on managerial control in small firms to include issues of financialisation and financial governance.
AB - How, if at all, does financialisation affect small firms that have no direct exposure to capital markets? The paper argues the need to address this lacuna empirically, conceptually and politically. The paper then draws on research from a qualitative longitudinal analysis of UK small businesses in bio business and film and media sectors and identifies three potential conduits through which financialising principles and practices may be perceived, translated, and resisted for owners, managers and staff. More broadly, the article argues that financial relations should figure more prominently and move from their relatively marginal location into the heart of socio-economic analysis of small firms. As such, the research connects with and extends an important social science tradition of research on managerial control in small firms to include issues of financialisation and financial governance.
UR - https://journals.sagepub.com/doi/10.1177/0266242617741340
U2 - 10.1177/0266242617741340
DO - 10.1177/0266242617741340
M3 - Article
SN - 0266-2426
VL - 36
SP - 247
EP - 264
JO - International Small Business Journal
JF - International Small Business Journal
IS - 3
ER -