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

Abstract

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.

Publication DOI: https://doi.org/10.1177/0266242617741340
Divisions: College of Business and Social Sciences > Aston Business School
Additional Information: © Sage 2017. The final publication is available via Sage at http://dx.doi.org/10.1177/0266242617741340
Publication ISSN: 1741-2870
Full Text Link: https://eprint. ... cl.ac.uk/242678
Related URLs: https://journal ... 266242617741340 (Publisher URL)
PURE Output Type: Article
Published Date: 2018-05-01
Published Online Date: 2017-11-27
Accepted Date: 2017-10-17
Authors: Pollard, Jane
Richter, Paul
Down, Simon
Ram, Monder (ORCID Profile 0000-0003-1901-6654)

Download

[img]

Version: Accepted Version

| Preview

Export / Share Citation


Statistics

Additional statistics for this record