Financialization takes off at Boeing

Journal of Economic Geography

Volumn 9, Issue 5, 2009, Pages 663-677

  Muellerleile, Christopher M ^a  

^a UNIVERSITY OF WISCONSIN MADISON   (United States)

Author keywords

Boeing; Chicago; Corporate culture; Embeddedness; Financialization; Puget Sound

Indexed keywords

AIRCRAFT; BUSINESS; ECONOMIC GEOGRAPHY; FINANCE; MANUFACTURING;

CHICAGO; ILLINOIS; NORTH AMERICA; PUGET SOUND; UNITED STATES; WASHINGTON [UNITED STATES];

EID: 69749087394     PISSN: 14682702     EISSN: 14682710     Source Type: Journal    
DOI: 10.1093/jeg/lbp025     Document Type: Article

References (51)

1. Beaverstock, J. V. and Taylor, P. J. (1999) A roster of world cities. Cities, 16: 445-458.
2. Clark, G. (2000) Pension Fund Capitalism. Oxford and New York: Oxford University Press.
3. Condit, P. (2001) Press conference. Washington, D.C., 21 March 2001 [audio file]. Available at: http://www.boeing.com/news/releases/2001/q1/ news_release_010321b.html [Accessed 18 April 2007].
4. Crotty, J. (2005) The neoliberal paradox: The impact of destructive product market competition and 'modern' financial markets on nonfinancial corporation performance in the neoliberal era. In G. Epstein (ed.) Financialization and the World Economy. Cheltenham, UK: Edward Elgar.
5. Davis, G.F., Diekmann, K., Tinsley, C. (1994) The decline and fall of the conglomerate firm in the 1980s: The deindustrialization of an organizational form. American Sociological Review, 59: 547-570.
6. Dicken, P. (2003) 'Placing' firms: Grounding the debate on the 'Global' corporation. In J. Peck and H. Wai-chung Yeung (eds) Remaking the Global Economy. London: Sage Publications.
7. Dicken, P. and Thrift, N. (1992) The organization of production and the production of organization: Why business enterprises matter in the study of geographical industrialization. Transactions of the Institute of British Geographers, 17: 279-291.
8. Dicken, P. and Malmberg, A. (2001) Firms in territories: A relational perspective. Economic Geography, 77: 345-363.
9. Fligstein, N. (1990) The Transformation of Corporate Control. Cambridge, MA: Harvard University Press.
10. French, S., Leyshon, A., Wainwright, T. (forthcoming) Financializing space, spacing financialization. Progress in Human Geography.
11. Froud, J., Haslam, C., Johal, S., Williams, K. (2000) Shareholder value and financialization: Consultancy promises, management moves. Economy and Society, 29: 80-110.
12. Froud, J., Johal, S., Leaver, A., Williams, K. (2006) Financialization and Strategy: Narrative and numbers. New York: Routledge.
13. Harris, R. (1999) Fearless in Seattle: Can an outspoken female CFO with no aerospace background put Boeing back on course?. CFO Magazine, 1 April.
14. Harvard Business Review (2001) Inside Boeing's big move. Harvard Business Review, 79: 22-23.
15. Hess, M. (2004) 'Spatial' relationships? Towards a reconceptualization of embeddedness. Progress in Human Geography, 28: 165-186.
16. Holmes S. and France, M. (2002) Boeing's secret. Business Week, 20 May, 110.
17. Imberman, W. (2001) Why engineers strike - the Boeing story. Business Horizons, November-December, 35-44.
18. Krippner, G. (2005) The financialization of the American economy. Socio-Economic Review, 3: 173-208.
19. Lawrence, P. and Thornton, D. (2005) Deep Stall: The Turbulent Story of Boeing Commercial Airplanes. Burlington, VT, USA: Ashgate Publishing.
20. Lemke, T. (2001) 'The birth of bio-politics': Michel Foucault's lecture at the College de France on neo-liberal governmentality. Economy and Society, 30: 190-207.
21. Leyshon, A. and Thrift, N. (2007) The capitalization of almost everything: The future of finance and capitalism. Theory, Culture & Society, 24: 97-115.
22. MacPherson, A. and Pritchard, D. (2003) The international decentralization of the US commercial aircraft production: Implications for US employment and trade. Futures, 35: 221-238.
23. Markusen, A., Hall, P., Campbell, S., Deitrick, S. (1991) The Rise of the Gunbelt: The Military Remapping of Industrial America. New York: Oxford University Press.
24. Markusen, A. and Yudken, J. (1992) The birthing of aerospace. Technology Review, 95: 28-29.
25. Milberg, W. (2008) Shifting sources and uses of profits: Sustaining US financialization with global value chains. Economy and Society, 37: 420-451.
26. Morrill, R. and Sommers, P. (2005) Seattle as a digital city: Unexpected or inevitable? Canadian Journal of Regional Science, 22 June, 349-368.
27. Muellerleile, C. (2007) Dislocating Boeing: A story of embeddedness and corporate culture of the world's iconic manufacturer of 'amazing flying machines'. Unpublished M.S. thesis, University of Wisconsin-Madison.
28. Newhouse, J. (2007) Boeing versus Airbus: The Inside Story of the Greatest International Competition in Business. New York: Knopf.
29. O'Neill, P. (2001) Financial narratives of the modern corporation. Journal of Economic Geography, 1: 181-199.
30. Pike, A. (2006) 'Shareholder value' versus the regions: The closure of the Vaux Brewery in Sunderland. Journal of Economic Geography, 6: 201-222.
31. Proctor, P. and Velocci, A. (1998) Woodard ousted in Boeing shake-up. Aviation Week and Space Technology, 149: 82.
32. Rappaport, A. (1998) Creating Shareholder Value: A Guide for Managers and Investors, 2nd edn. New York: The Free Press.
33. Rodgers, E. (1996) Flying High: The Story of Boeing and the Rise of the Jetliner Industry. New York: Atlantic Monthly Press.
34. Sassen, S. (2005) The embeddedness of electronic markets: The case of global capital markets. In K. Knorr Cetina and A. Preda (eds) The Sociology of Financial Markets. Oxford and New York: Oxford University Press.
35. Schoenberger, E. (1997) The Cultural Crisis of the Firm. Cambridge, MA: Blackwell.
36. Sell, T. M. (2001) Wings of Power: Boeing and the Politics of Growth in the Northwest. Seattle: University of Washington Press.
37. Song, K. M. and Dunphy, S. H. (2001) Boeing bolts: Headquarters move shocks the region; manufacturing jobs will remain here, company seeks image as global aerospace leader. Seattle Times, 22 March, A1.
38. Taylor, P. (2001) Urban hinterworlds: Geographies of corporate service provision under conditions of contemporary globalization. Geography 86: 51-60.
39. Taylor, M. and Asheim, B. (2001) The concept of the firm in economic geography. Economic Geography, 77.
40. Thrift, N. and Olds, K. (1996) Refiguring the economic in economic geography. Progress in Human Geography, 20: 311-337.
41. Time (1980) Masters of the air: Boeing captures the cruise missile contract and dominates world aviation. Time, 7 April, 52-58.
42. Useem, J. (2000) Boeing vs. Boeing. Fortune, 2 October, vol. 142.
43. Useem, M. (1996) Investor Capitalism: How Money Managers Are Changing the Face of Corporate America. New York: Basic Books.
44. Walker, R. (1989) A requiem for corporate geography: New directions in industrial organization, the production of place and the uneven development. Geografiska Annaler Series B-Human Geography, 71: 43-68.
45. Williams, K. (2000) From shareholder value to present-day capitalism. Economy and Society, 29: 1-12.
46. Yeung, H. W. C. (1998) Capital, state and space: Contesting the borderless world. Transactions of the Institute of British Geographers, 23: 291-309.
47. Yeung, H. W. C. (2001) Regulating 'the firm' and sociocultural practices in industrial geography II. Progress in Human Geography, 25: 293-302.
48. Zorn, D. M. (2004) Here a chief, there a chief: The rise of the CFO in the American firm. American Sociological Review, 69: 345-364.
49. Zorn, D., Dobbin, F., Dierkes, J., Kwok, M. (2005) Managing investors: how financial markets reshaped the American firm. In K. Cetina and A. Preda (eds) The Sociology of Financial Markets. Oxford and New York: Oxford University Press.
50. Zuckerman, L. (1999a) Boeing beats estimates and renews promises. New York Times, 27 January.
51. Zuckerman, L. (1999b) Boeing weighs tough steps to increase profits. New York Times, 25 February.