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The case for operationalizing the financialization of the non-financial corporation (NFC): some suggestions

12 December 2018, 12:00 - 14:00
Library - Seminar room 7, The Open University, Walton Hall Campus, Milton Keynes MK7 6AA

Since the 2008 financial crisis in particular, financialization has become widely discussed as a topic, but often with little clarity regarding its nature. Compounding this problem of definition, financialization is discussed at many levels of analysis from the macro-economic, down to that of the individual person.

Pauline Gleadle, Emeritus Professor at the University of Westminster and Visiting Professor at the Open University (FASS) will discuss her research concerned in particular with the financialization of the non-financial corporation (NFC) such as the case of the individual Big Pharma company.  Prof Gleadle's seminar will argue that clarity as to the understanding of a common definition of the financialization of the NFC is particularly necessary given Watson’s (2009, p.256) comments that the academic literature on financialization has tended to develop as a series of separate specialist arguments running in parallel rather than as an integrated whole.

Bio: Pauline Gleadle is Emeritus Professor at the University of Westminster and Visiting Professor at the Open University (FASS). Her research, which is inter-disciplinary, is located largely within Critical Accounting, with her main focus on the financialization of non-financial corporations. However, in her research, she also brings in insights from such other literatures as Strategic Management and Organization Studies to which she has contributed also.

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