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CAPITAL FICTICIO Y EXTRACTIVISMO: LOS TÍTULOS DE PROPIEDAD EN LAS EMPRESAS EXTRACTIVAS.

Authors :
López Terán, Héctor
Source :
Problemas del Desarrollo. Revista Latinoamericana de Economía. jul-sep2024, Vol. 55 Issue 218, p117-141. 25p.
Publication Year :
2024

Abstract

This study analyzes the role of fictitious capital in the titles of ownership of extractive companies in the context of extractivism, a function inherent to capitalism. As a source of external financing, these titles influence corporate management by prioritizing shareholder returns. The study also examines how this financing impacts extractive activities in peripheral countries, where the composition of capital reflects a short-term commitment to shareholders, affecting the pace of production and the search for future returns. It further explores the implications of finance on the organization of the extractive sector and its influence on the structure of dependent capitalism in peripheral countries within the framework of financialized capitalism. [ABSTRACT FROM AUTHOR]

Details

Language :
Spanish
ISSN :
03017036
Volume :
55
Issue :
218
Database :
Academic Search Index
Journal :
Problemas del Desarrollo. Revista Latinoamericana de Economía
Publication Type :
Academic Journal
Accession number :
178743273
Full Text :
https://doi.org/10.22201/iiec.20078951e.2024.218.70132