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Large Corporations and Concentrations of Capital in Australia

A Geographical Analysis

Bibliographic Data

ID4042835
AuthorsMichael J Taylor (0000-0003-3763-7251), Nigel Thrift (0000-0001-9698-6289)
Year1980
Volume56
Issue4
Pages261
Publication date1980-10-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomic Geography (JOURNAL)
Journal identifiersISSN: 0013-0095 • E-ISSN: 1944-8287
PublisherJSTOR (PUBLISHER)
DOI10.2307/143325
OpenAlexW2318856929
LanguageEN
Citations received23
References cited14

This paper considers the spatial and sectoral implications of the changing pattern of concentration among the 100 largest firms in Australia over the 25-year period from 1953 to 1978. The extent of foreign ownership and control within the Australian economy is explored. Four indices are used to measure these variations -number of firms, size of firm (shareholders' funds and market capitalization), profits, and return on shareholders' funds. The growth of the giant corporation is one of the most often remarked upon economic and social phenomena of recent years [33] and has a number of serious implications for government, not least for the capacity of government to govern. The growth of such corporations has been reflected in at least three processes. One is an increase in the degree of oligopoly in the economy as a whole and in particular industry sectors. This tendency is most clearly revealed by the pro

Business · Capital (architecture) · Economic geography · Economics · Geography · Firm Innovation and Growth · Housing, Finance, and Neoliberalism · Regional Economics and Spatial Analysis

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Unique citing works23
Citations per year0,51
Citation span1981 - 2026 (46)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 21

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