Abstract
This Chapter will analyse in detail local and regional shareholding in companies concerned with manufacture and commerce. Like the following chapter which deals with the land development companies, it will be in two parts. The first will discuss aspects of state control in the companies, trying to show how shareholding differs from alternative methods of intervention and how it facilitates private investment in manufacturing and land development. The second part will show how state shareholding is structured organisationally to facilitate viability, and how it contributes towards making firms and projects profitable. We will be concerned in both parts of each chapter to demonstrate what control and profitability mean in concrete terms.
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Notes
See K. Midgley, ‘How Much Control do Shareholders Exercise?’, Lloyds Bank Review, no. 114 (October 1974).
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© 1978 Richard Minns and Jennifer Thornley
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Minns, R., Thornley, J. (1978). Manufacture and Commerce. In: State Shareholding. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-03768-1_5
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DOI: https://doi.org/10.1007/978-1-349-03768-1_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-03770-4
Online ISBN: 978-1-349-03768-1
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