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In the collective psyche, a financier is a capitalist. In managerial capitalism, the notion of the ‘manager’ emerged, and the role of the manager was distinct from the role of the ‘owner’. Financial capitalism is similarly underpinned by financiers who are not the holders of the financial assets they buy, sell, trade or advise upon.
Finance at Work explores the world of financiers, be they finance oriented CEO, CFO, financial journalists, mergers and acquisitions’ advisors, or wealth managers. The first section investigates the professional trajectories of members of corporate boards and financialisation as the dissemination of financial logic outside its primary ‘iron cage’; section 2 responds by studying financiers at work within financial occupations or financial operations involving external actors; while the third section pursues the issue of financial boundaries by seeking out the way financial logic crosses these boundaries. The final section takes back the hypothesis of differentiations within finance presented in the first section, and analyses the internal boundaries of asset management, wealth management and Leveraged Buy-Out Acquisitions.
This book is essential reading for researchers and academics within the field of finance who aim to understand the ‘spread of finance’ in contemporary societies.