Private equity as a commodification of companies: the case of the German automotive supply industry

Christoph Scheuplein ()

Journal of Economic Policy Reform, 2021, vol. 24, issue 4, 472-487

Abstract: Private equity is a form of financialization in which companies become commodities. This paper examines for the first time the impact of private equity on a single sector, the automotive supply industry, in a coordinated market economy. It demonstrates that companies hereby entered a cycle of uncertainty: many were taken over by financial investors several times, they were divorced from their regional production ties, and were given international owners. In addition, corporate governance changed, keeping employees away from traditional information and decision-making channels

Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/17487870.2019.1637590 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:jpolrf:v:24:y:2021:i:4:p:472-487

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GPRE19

DOI: 10.1080/17487870.2019.1637590

Access Statistics for this article

Journal of Economic Policy Reform is currently edited by Dr Judith Clifton

More articles in Journal of Economic Policy Reform from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().