Search for: [Abstrakt = "The phenomenon of financialization of non\-financial corporations has been widely observed in the US economy since the 1980s and since the 1990s in some European economies as well. This is as a pattern of accumulation in which profits accrue primarily through financial channels rather than through trade and commodity production \[Krippner 2005, p. 181\]. “Financial” here refers to activities relating to the provision \(or transfer\) of liquid capital in expectation of future interest, dividends, or capital gains. There is a range of research that points to the increasing salience of finance in the economy \[Brenner 2002\; Epstein \(ed.\) 2005\]. The literature addressing the problem with reference to firms tends to focus either on organizational developments with strong link to shareholder view in corporate governance \[Lazonick, O’Sullivan 2000\; Williams 2000\], or on activities inside financial markets \[Phillips 2002\]. This paper deals with the financialization from the perspective of institutional economics. This means an approach broader than a mere “technical” analysis of corporate balance sheets, which aims to identify relation between such corporate behaviour and the nature of contemporary economy, described by a range of social science research since the 1980s. \(fragment tekstu\)"]
