Family Capitalism Wendels Haniels Falcks and the Continental European Model 1st Edition by Harold James – Ebook PDF Instant Download/Delivery: 978-0674021815, 0674021815
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Product details:
ISBN 10: 0674021815
ISBN 13: 978-0674021815
Author: Harold James
This history of three powerful family firms located in different European countries takes place over a period of more than two hundred years. The interplay and the changing social and legal arrangements of the families shaped the development of a European capitalism quite different from the Anglo-American variety.
Qualifying claims by Alfred Chandler and David Landes that family firms tend to be dysfunctional, Harold James shows how and why these steel and engineering firms were successful over long periods of time. Indeed, he sees the family enterprise as particularly conducive to managing risk during periods of upheaval and uncertainty when both states and markets are disturbed. He also identifies the key roles played by women executives during such times.
In Family Capitalism, James tells how “iron masters” of a classical industrial cast were succeeded by new generations who wanted to shift to information-age systems technologies, and how families and firms wrestled with social and economic changes that occasionally tore them apart. Finally, the author shows how the trajectories of the firms were influenced by political, military, economic, and social events and how these firms illuminate a European model of “relationship capitalism.”
Table of contents:
Part I: The Age of the Individual
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Introduction
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The Wendels and the French State
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The Pioneer in German History
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The Industrial Origins of the Falcks
Part II: The Age of the Corporation
5. The Gutehoffnungshütte as a Joint-Stock Company
6. French Companies in Two Countries
7. An Italian Joint-Stock Company
Part III: The Age of Organizationalism
8. The Politician as Businessman
9. A Family Concern
10. Models of Italian Industrial Development
Part IV: The Age of the Postwar Miracle
11. A Costly Miracle in Italy
12. A New Kind of Family Togetherness
13. Postwar Reconstruction in France
Part V: The Age of Globalization
14. Wendel Becomes a Conglomerate, French Style
15. The Crisis of Italian Steel
16. German Diversification and Internationalization
17. Family Capitalism and the Exit from Steel
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Tags: Harold James, Family Capitalism, Wendels Haniels, the Continental European


