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Financialisation and small firms: A qualitative analysis of bio-science and film and media firms

Lookup NU author(s): Professor Jane Pollard, Dr Paul Richter, Professor Simon Down



This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0).


How, if at all, does financialisation affect small firms that have no direct exposure to capital markets? The paper argues the need to address this lacuna empirically, conceptually and politically. The paper then draws on research from a qualitative longitudinal analysis of UK small businesses in bio business and film and media sectors and identifies three potential conduits through which financialising principles and practices may be perceived, translated, and resisted for owners, managers and staff. More broadly, the article argues that financial relations should figure more prominently and move from their relatively marginal location into the heart of socio-economic analysis of small firms. As such, the research connects with and extends an important social science tradition of research on managerial control in small firms to include issues of financialisation and financial governance.

Publication metadata

Author(s): Pollard JS, Richter P, Down S, Ram M

Publication type: Article

Publication status: Published

Journal: International Small Business Journal

Year: 2018

Volume: 36

Issue: 3

Pages: 247-264

Print publication date: 01/05/2018

Online publication date: 27/11/2017

Acceptance date: 17/10/2017

Date deposited: 16/11/2017

ISSN (print): 0266-2426

ISSN (electronic): 1741-2870

Publisher: Sage


DOI: 10.1177/0266242617741340


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