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041 _afre
042 _adc
100 1 0 _aBaud, Céline
_eauthor
700 1 0 _a Chiapello, Ève
_eauthor
700 1 0 _a Hamilton, Peter
_eauthor
245 0 0 _aHow the Financialization of Firms Occurs: The Role of Regulation and Management Tools
260 _c2015.
500 _a64
520 _aA study of the implementation, in a small mutual bank, of the Basel II Agreements makes it possible to document some processes in the financialization of firms. Financialization does not necessarily occur through the acquisition of capital in firms by institutional investors whose goal is to create value for shareholders. In the case studied here it was regulatory decisions taken by both the European Union and by the French banking supervisor that led the bank to totally transform its organization and working methods, and to adopt practices informed by prevailing financial theory. These changes then had an effect on its clientele of small- and medium-sized enterprises who thus became subject, via the new credit allocation procedures, to new financial discipline.
690 _aC REDIT RISK
690 _aE VALUATION
690 _aB ANK
690 _aF INANCIALIZATION
690 _aR EGULATION
690 _aM ANAGEMENT TOOLS
786 0 _nRevue française de sociologie | 56 | 3 | 2015-09-22 | p. 439-468 | 0035-2969
856 4 1 _uhttps://shs.cairn.info/journal-revue-francaise-de-sociologie-2015-3-page-439?lang=en
999 _c213459
_d213459