Financialisation in the Automotive Industry: Capital and Labour in Contemporary Society

ISBN-13: 9780367751395 / Angielski / Twarda / 2021 / 142 str.

Marcelo José Do Carmo; Mário Sacomano Neto; Julio Cesar Donadone

Opis

It is increasingly the case that car manufacturers are owned by banks and investment funds which have taken control of the entire economic life of these firms. This book explores this increasing financialization – the predominance of the financial sector over the productive sector – in the automotive industry.

Spis treści

Preface by Ismail Ertürk (1) Introduction (2) Profits obtained through financial activities versus profits obtained through productive activities (3) Shareholding Composition (4) Shareholders´ Acquisitions (5) Origin of the Company Directors (6) Dividend Payments to Shareholders (7) Compensations to Executives (8) Employees’ Salaries and Employment (9) Conclusions Afterword by Raphael Jonathas da Costa Lima