| Summary: | A research report submitted in partial fulfilment of the Degree of Master of Commerce (Economic Science) in the School of Economic and Business Sciences, University of the Witwatersrand, August 2018 === This paper sets out to explore financialization from the perspective of firm behaviour. It
looks at how financialization has become predominant in the global economy and how
firms have adopted financialization as an accumulation regime. Considerations are made
whether firm behaviour or changes in firm behaviour have propagated financialization or
whether the rise of financialization on a global scale has influenced firms to become more
financialized. From the research in this paper, it appears that financialization has in fact
influenced firm behaviour, and the increased adoption of financialization by firms has led
to its rise and predominance. We can see that under financialization, firms or large
corporations tend to become financial holding firms as they shift from traditional
production to dealings in financial transactions for gains, adopting a “downsize and
redistribute” technique. === XL2019
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