Ceralep Société Nouvelle, France: David and Goliath in the Global Economy

Claudia Sanchez Bajo and Bruno Roelants

Chapter 6 in Capital and the Debt Trap, 2011, pp 136-151 from Palgrave Macmillan

Abstract: Abstract In Chapter 3, we examined the use of debt by absentee investors in order to control enterprises via global chains. We also saw the workers at a loss while management and enterprises seemingly began to follow irrational strategies. The Ceralep story is a typical example of this kind of trend, until the workers reversed the destiny of the business.1

Keywords: Pension Fund; Business Plan; Equity Fund; Work Council; Marketing Director (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30852-7_7

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DOI: 10.1057/9780230308527_7

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