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Capitalism UnleashedFinance, Globalization, and Welfare$
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Andrew Glyn

Print publication date: 2007

Print ISBN-13: 9780199226795

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199226795.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 25 June 2021

Finance and Ownership

Finance and Ownership

(p.50) 3 Finance and Ownership
Capitalism Unleashed


Oxford University Press

This chapter traces shifts in the financial landscape over the past twenty-five years. These include the rise of the financial sector, the consumer credit boom that resulted in a rise in household consumption, the concentration of shareholdings in the hands of financial institutions, the rise of corporate governance, the costs and benefits of the great drive for shareholder value and the US stock market boom, the growth of international finance, and the eventual financial crises.

Keywords:   financial sector, consumer credit, consumption, shareholdings, shareholder value, stock market, international finance, financial crises

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