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ISBJ Financialisation ARRO doc Oct 2017.docx (129.64 kB)

Financialisation and small firms: a qualitative analysis of Bio-Science and Film and Media Firms

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journal contribution
posted on 2023-08-30, 14:57 authored by Jane Pollard, Simon Down, Paul Richter, Monder Ram
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.

History

Refereed

  • Yes

Volume

36

Issue number

3

Page range

247-264

Publication title

International Small Business Journal

ISSN

1741-2870

Publisher

SAGE

File version

  • Accepted version

Language

  • eng

Legacy posted date

2017-10-18

Legacy creation date

2017-10-17

Legacy Faculty/School/Department

ARCHIVED Lord Ashcroft International Business School (until September 2018)

Note

Reprinted by permission of SAGE Publications

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