SOC 203 Chapter Notes - Chapter 1: Interlocking
15 Feb 2014
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Chapter 1-corporate concentration, foreign ownership, state involvement in canadian economy. William carol says that by 1990"s, canadian corp. elite or dominant stratum included only 426 people interlocking system of enterprises @ top of canada"s corporate structure. The concentration of economic power continues to grow high with small group of powerful, often interconnected and mainly private sector corps at centre of canada"s ownership structure. Conglomerates or holding companies control interrelated sets of large and diverse business. 2 other principal components integral to canada"s economic structure are foreign- owned private businesses and the role of government or state. Concentration of corporate ownership: there is high level of centralization in canada in the past, the largest 25 enterprises accounted for more than 41% of all corp. assets in. 1987: family based enterprises control 2 of the top 20 corporations in canada, between 1987 and 1988, share of canada;s corporate asset controlled by largest.
