Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Takeovers and the evolution of the electricity sector in Britain and Spain: the insights and limits of varieties of captitalism perspective

Tools
- Tools
+ Tools

Valdivielso Del Real, Rocío (2009) Takeovers and the evolution of the electricity sector in Britain and Spain: the insights and limits of varieties of captitalism perspective. Working Paper. Coventry: University of Warwick. Centre for the Study of Globalisation and Regionalisation. Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation) (No.259).

[img]
Preview
PDF
WRAP_Valdivielso_del_Real_25909.pdf - Requires a PDF viewer.

Download (302Kb)
Official URL: http://www2.warwick.ac.uk/fac/soc/csgr/research/wo...

Request Changes to record.

Abstract

Privatisation, liberalisation and re-regulation have become major forces shaping societies and economies the world over. These developments have brought along major changes in the ownership and regulated environment of utility industries. However, the presence of substantial change on these issues has not led to convergence on important issues across national business systems. This paper highlights the importance of the continuing relevance of national institutions of corporate governance and employment relations in the evolution of the electricity sector. The central question deals with the importance of the market for corporate control (i.e. takeovers) in the evolution of the electricity sector in Britain and Spain. Two contributions are provided. First, we show how national-based explanations such as those presented in the Varieties of Capitalism (VoC) theoretical framework constitute a key variable to understand cross-national differences in the impact of the market for corporate control on the evolution of the electricity sector. Second, we demonstrate how the institutionally-based VoC perspective does not fully capture the political origins of the institutional frameworks of the two countries – it is best complemented by incorporating notions of state activism in contemporary capitalism.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation
Library of Congress Subject Headings (LCSH): Electric utilities -- Great Britain, Electric utilities -- Spain, Capitalism, Globalization -- Economic aspects, Liberalism -- Economic aspects, Corporate governance
Series Name: Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation)
Publisher: University of Warwick. Centre for the Study of Globalisation and Regionalisation
Place of Publication: Coventry
Official Date: March 2009
Dates:
DateEvent
March 2009Published
Number: No.259
Number of Pages: 52
Status: Not Peer Reviewed
Access rights to Published version: Open Access (Creative Commons)

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics

twitter

Email us: wrap@warwick.ac.uk
Contact Details
About Us