concentration of ownership

concentration of ownership

a tendency noticed by MARX, among others, for the proportion of the population owning the MEANS OF PRODUCTION to decline. Marx regarded this tendency as a characteristic of ADVANCED CAPITALISM. The contrary thesis is a dispersal of ownership, including a widening of share ownership and indirect ownership (e.g. through pension schemes) – and of PUBLIC OWNERSHIP. Against this, a further argument is that even if formal ownership becomes more widespread, control of the means of production remains concentrated: the so-called separation of ownership and control.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000
References in periodicals archive ?
But real trigger was the excessive concentration of ownership of mortgage-backed securities.
For Freedom of the Media, Reporters Without Borders's famous findings are repeated: the lowest of all in the EU and only before Russia, Belarus and Turkey in Europe; serious concerns about the threat to pluralism, strong concentration of ownership, opaque media structures, too much proximity to power, and the use of EU communication budgets for loyalty; bullying over journalists, which makes them resort to self-censorship.
For example, the death blow to the global economy in 2008-2009 came not from the collapse of the mid-2000s housing bubble, but from the concentration of ownership of mortgage-backed securities.
However, as was mentioned previously, in emerging markets there are market failures that are solved by concentration of ownership and control through controlling families (Khanna & Palepu, 1999; Mork & Yeung, 2003) where formal relationships or bonds are created inwardly and between companies, developing a personalized trust that reduces opportunistic behaviors (Lansberg & Gersick, 2006).
This concentration of ownership brought in the problems of unequal distribution of wealth, class disparities, uninformed citizenry, commodification and marginalization of minorities.
The mean of ownership concentration is 72.99 which represents a high concentration of ownership in Iran capital market.
The positive effect of ownership concentration can be explained by the efficient monitoring hypothesis, which contends that higher concentration of ownership gives large shareholders stronger incentives and greater power at lower cost to monitor management.
This high concentration of ownership and the total number of guns owned are clearly causes of concern, but they don't justify stereotyping Americans as "gun-toting".
Through critical questions, the implications of increased conglomeration and concentration of ownership is examined.
For some, such as the "content providers" that create and/or distribute videos and programs, the focus will be on open competition and the need to avoid concentration of ownership.

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