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Containing, embracing and hyper-activating Britishness: British-based foreign-owned firms

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Article

Clark, Ian

Economic and Industrial Democracy

2020

41

4

November

775-796

capitalism ; dual economy ; private ownership ; financial policy

United Kingdom

Economics

https://doi.org/10.1177/0143831X17740718

English

Bibliogr.

"There are in the UK ownership forms different to the characteristics of Britishness – British-based foreign-owned firms where dominant owners may have differentiated control interests. These may contain, that is, override, national institutional characteristics embedded in a particular national capitalism. Accordingly, separating the agency of these firms from presumed business system structures may reveal how diverse patterns of firm ownership – those associated with British-based foreign-owned firms – can inform dynamic ownership developments in British capitalism which contain and hyper-activate Britishness. The article theorizes British-based foreign-owned firms and provides empirical detail on how ownership characteristics influence financial commitment and strategic control in 10 of these firms."

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