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Analysis of financialization in the automotive sector: the case of Ford Motor Company

Abstract:

The automotive industry is undergoing an increasing process of financialization. Increasingly, automakers are becoming the subject of equity acquisitions and increasing the participation of banks, mutual funds and other financial institutions in their property rights. In addition, there is enormous pressure from top executives and shareholders for maximizing shareholder value. In this sense, the proposal of this work is to analyze the process of financialisation of the automotive sector through Ford Motor Company, based on secondary data of the company and analysis of its content. To analyze financialization, at least five component categories of this process will be used, such as: proportion of profit from finance compared to profit from production; acquisitions; shareholding composition, origin of company officers and payment of dividends to shareholders.

Key-words:
Financialization; automotive sector; economic sociology.

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