MARC Record from harvard_bibliographic_metadata

LEADER: 01888nam a2200289Ia 4500
001 013318308-4
005 20120801110017.0
008 120801s2012 maua 000 0 eng d
035 0 $aocn802826532
040 $aHBS$cHBS
100 1 $aMusacchio, Aldo.
245 10 $aLeviathan in business :$bvarieties of state capitalism and their implications for economic performance /$cAldo Musacchio, Sergio G. Lazzarini.
260 $a[Boston] :$bHarvard Business School,$c2012.
300 $a62 p. :$bill. ;$c28 cm.
490 1 $aWorking paper / Harvard Business School ;$v12-108
500 $a"June 2012" -- Publisher's website.
500 $a"June 4, 2012" -- added t.p.
520 $aIn this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations - either equity or debt - as a defining feature of state capitalism. We present a stylized distinction between two broad, general varieties of state capitalism: one through majority control of publicly traded companies (e.g. state-controlled SOEs) and a hybrid form that relies on minority investments in companies by development banks, pension funds, sovereign wealth funds, and the government itself. We label these two alternative modes Leviathan as a majority investor and Leviathan as a minority investor, respectively. Next we differentiate between these two modes by describing their key fundamental traits and the conditions that should make each mode more conducive to development and superior economic performance.
650 0 $aCapitalism.
650 0 $aGovernment business enterprises.
650 0 $aDevelopment banks.
650 0 $aSovereign wealth funds.
700 1 $aLazzarini, Sergio G.
830 0 $aWorking paper (Harvard Business School) ;$v12-108.
988 $a20120801
049 $aHBSM
906 $0MH