SOCI 2220H Chapter 1: SOCI 2220H - Chapter #1 Notes
29 Mar 2019
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Also, only 113 powerful companies, controlled by approximately 1,000 directors, accounted for the majority of business activity (concentration of economic power appears to be increasing). One involves transnational connections that link our economy to enterprises in other countries. Concentration of ownership: one study reported that, among the more than 400,000 companies operating in canada in. 1987, the largest 25 enterprises by themselves accounted for over 41 percent of all corporate assets (this level of concentration was significantly greater than it had been just. 10 years before): more recent evidence suggests some changes in the structure of corporate ownership. First, a number of the established family dynasties , including the eatons, the. Reichmanns, and the bronfmans, experienced a reduction in influence and the loss or sale of some corporate holdings. Consequently, whereas just 32 families, along with five conglomerates, controlled 40% of canada"s top 500 companies in 1986, only 21% of the top 500 were family controlled in 2007.
