Boussard Finance at Work

Erscheinungsjahr 2017
ISBN: 978-1-315-47027-6
Verlag: Taylor & Francis
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 280 Seiten

Reihe: Routledge International Studies in Money and Banking

In the collective psyche, a financier is a capitalist. In managerial capitalism, the notion of the ‘manager’ emerged, and the role of the manager was distinct from the role of the ‘owner’. Financial capitalism is similarly underpinned by financiers who are not the holders of the financial assets they buy, sell, trade or advise upon.

Finance at Work explores the world of financiers, be they finance oriented CEO, CFO, financial journalists, mergers and acquisitions’ advisors, or wealth managers. The first section investigates the professional trajectories of members of corporate boards and financialisation as the dissemination of financial logic outside its primary ‘iron cage’; section 2 responds by studying financiers at work within financial occupations or financial operations involving external actors; while the third section pursues the issue of financial boundaries by seeking out the way financial logic crosses these boundaries. The final section takes back the hypothesis of differentiations within finance presented in the first section, and analyses the internal boundaries of asset management, wealth management and Leveraged Buy-Out Acquisitions.

This book is essential reading for researchers and academics within the field of finance who aim to understand the ‘spread of finance’ in contemporary societies.

Autoren/Hrsg.

Boussard, Valérie

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Contents

List of Figures and Tables

Authors

Acknowledgements

Foreword

Introduction

Part I: The boundaries of finance: exclusionary process, social closure and inner regulation

Introduction "Interrogating Financialisation as an Analytic"

Chapter 1 Let’s Make the Company a Bunch of Figures: Professional Representations in Mergers and Acquisitions Firms

Chapter 2 Matching the Market: Calibration and the Working Practices of Quants

Chapter 3 Buying It: Financialisation Through Socialization

Chapter 4 Financial Logic and Bankers' Institutional Entrepreneurship: The Politics of the "Zombies" Debate in Bankruptcy Proceedings at the Commercial Court of Paris (2000-2005)



Part II: Passing through boundaries: financiers as intermediaries in conversion to financial logics



Introduction Financialising Economic Activities

Chapter 5 The Financialisation of the Private Wealth of Farmers, the Work of the Banks?

Chapter 6 Financial Backlash: When Local Bankers Face Social Protest

Chapter 7 The Assetisation of South African Farmland: The Role of Finance and Brokers



Part III: Crossing boundaries: individual careers as vehicles for financialisation



Introduction The Financialisation of Finance: The Transformation of the French Financial Elite

Chapter 8 "The Second Financialisation in France, Or How Executives and Directors with Unchanged Financial Careers Promoted a New Conception of Control"

Chapter 9 "Financialisation Through the Trajectories of Business School Graduates in France"

Chapter 10 'I Didn't Leave Financial Journalism, I Left Classical Journalism ' Careers and Commitments of French Financial Journalists at the Time of Financialisation



Part IV: Internal boundaries: diversity, segmentation, stratification within financial occupations

Introduction: IS SOCIOLOGY OF FINANCE A GENERAL SOCIOLOGY?



Chapter 11: Early Careers in Portfolio and Wealth Management: The Roles of Class, Race and Gender in Occupational Segmentations

Chapter 12: Managing Fortunes and Privacy: Professional Rhetoric and Boundaries Within Wealth Management

Chapter 13 "The Duality of the LBO Field"

Bibliography

Index

Über Autor(innen)

Valérie Boussard is Professor of Sociology at the University Paris Nanterre, Head of the Department of Sociology, France. Her works are focused on the managerialisation and financialisation of contemporary firms through the analysis of professional and occupational groups which take part to such dynamics.