Overview

Financial markets have often been seen by economists as efficient mechanisms that fulfill vital functions within economies. But do financial markets really operate in such a straightforward manner?The Sociology of Financial Markets approaches financial markets from a sociological perspective. It seeks to provide an adequate sociological coneptualization of financial markets, and examines who the actors within them are, how they operate, within which networks, and how these networks are structured. Patterns of trading, trading room coordination, and global interaction are studied to help us better understand how markets work and the types of reasoning behind these trends. Financial markets also have a structural impact on the governance of social and economic institutions. Until now, sociologists have examined issues of governance mostly with respect to the legal framework of financial transactions. Contributions in this book highlight the ways in which financial markets shape the inner working and structure of corporations and their governance.Finally the book seeks to investigate the symbolic aspects of financial markets. Financial markets affect not only economic and social structures but also societal cultural images and frameworks of meaning. Barbara Czarniawska demonstrates how representations of gender relationships are a case in point. Arguing that financial markets are not simply neutral with respect to questions of gender but enhance certain images and interpretations of men and women.Addressing many important topics from a sociological perspective for the first time, this book will be key reading for academics, researchers, and advanced students of financial markets in Business, Management, Economics, Finance, and Sociology.

Full Product Details

Author:   Karin Knorr Cetina (Professor of Sociology, University of Konstanz) ,  Alex Preda (Lecturer in Social Theory, University of Edinburgh)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.40cm , Height: 2.40cm , Length: 24.20cm
Weight:   0.646kg
ISBN:  

9780199275595

ISBN 10:   0199275599
Pages:   336
Publication Date:   14 October 2004
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Karin Knorr Cetina and Alex Preda: Introduction Section I: Inside Financial Markets 1: Saskia Sassen: The Embeddedness of Electronic Markets: The Case of Global Capital Markets 2: Karin Knorr Cetina: How Are Global Markets Global? The Architecture of a Flow World 3: Donald MacKenzie: How a Super-Portfolio Emerges: Long Term Capital Management and the Sociology of Arbitrage 4: Daniel Beunza and David Stark: How to Recognize Opportunities: Heterarchical Search in a Trading Room 5: Jean-Pierre Hassoun: Emotions on the Trading Floor: Social and Symbolic Expressions 6: Barbara Czarniawska: Women in Financial Services: Fiction and More Fiction Section II: The Age of the Investor 7: Alex Preda: The Investor as a Cultural Figure of Global Capitalism 8: Walter De Bondt: The Values and Beliefs of European Investors 9: Richard Swedberg: Conflicts of Interest in the US Brokerage Industry Section III: Finance and Governance 10: Mitchel Y. Abolafia: Interpretive Politics at the Federal Reserve 11: Gordon Clark and Nigel Thrift: The Return of Bureaucracy: Managing Dispersed Knowledge in Global Finance 12: Michael Power: Enterprise Risk Management and the Organization of Uncertainty in Financial Institutions 13: Dirk Zorn, Frank Dobbin, Julian Dierkes, and Man-shan Kwok: Managing Investors: How Financial Markets Reshaped the American Firm 14: Gerald Davis and Gregory Robbins: Nothing But Net? Networks and Status in Corporate Governance

Reviews

Author Information

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions