Abstract
The recent growth of financial derivatives has fundamentally transformed the way finance is transacted and the forms in which corporations manage their risk. But derivatives are more than an innovation in risk management. They are also challenging the way we understand what corporations are and what ownership of capital is.
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© 2006 Dick Bryan and Michael Rafferty
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Bryan, D., Rafferty, M. (2006). From the Joint Stock Company to Financial Derivatives. In: Capitalism with Derivatives. Palgrave Macmillan, London. https://doi.org/10.1057/9780230501546_4
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DOI: https://doi.org/10.1057/9780230501546_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51863-0
Online ISBN: 978-0-230-50154-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)