Nonfinance-firm financialization has received little research attention.
Evidence
In contrast to the attention received by the ļ¬nance sector in both the public and the academic spheres, few explore the ļ¬nancialization of the nonļ¬nance sector. This article focuses on the second process of ļ¬nancialization, that is, the increasing participation of nonļ¬nance ļ¬rms in ļ¬nancial markets. ā Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Incomeā¦, 18
Categorization
- QUESTION: Why the research gap? Possibly data access or the dominant focus on finance-sector rents; worth chasing for positioning.
Related
- Nonfinance firms increasingly derived income from financial markets (similarity 0.88)
- Financialization comprises both finance-sector dominance and nonfinance firmsā financial investing. (similarity 0.85)
- Nonfinance firmsā financial gains are funded by production-derived cash flows, not new productivity (similarity 0.83)
- Non-financial firms increasingly resemble financial corporations through revenue reliance (similarity 0.81)
- Financialization trajectories diverged across industries after 1997 (similarity 0.81)
- Financialization research has spread across disciplines, regions, and mainstream journals. (similarity 0.80)
- Financialization both derives profits from finance and drains capital from productive investment (similarity 0.80)
- Nearly 40% of S&P 500 earnings came from financial activities by 2000 (similarity 0.79)
- Stagnating growth plus deregulation pushed firms from production into financial investment (similarity 0.79)
- Over $5.8 trillion dollar transferred to the finance sector since the 1980s. (similarity 0.79)
- Financialization cannot be reduced to stock market developments. (similarity 0.79)
- Financialization does not measurably raise firm profits or financial-asset productivity. (similarity 0.79)
- Scholars asserted financializationās existence without providing direct evidence (similarity 0.79)
- Financialization shifts capital intermediation from institutions to markets. (similarity 0.78)
- Financialization lacks rigorous empirical evidence defining its timing and magnitude (similarity 0.78)