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By Mairi Maclean, Charles Harvey, Jon Press

Enterprise Elites and company Governance in France and the united kingdom is a cross-national examine of commercial elites and company governance in France and the united kingdom. It examines company governance from a comparative point of view and appears underneath the skin on the workout of energy and authority in special nationwide enterprise structures. It explores key matters relating enterprise elites, their networks, recruitment and replica. It goals to make clear the mechanisms that govern the soundness and regeneration of commercial elites opposed to the backdrop of an more and more worldwide financial system.

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There is tacit acceptance by actors - whether institutions, organisations, groups or individuals - of the rules of competitive engagement within the field. There are numerous lines of power linking actors within what Bourdieu views as a hierarchically stratified space of dominant and subordinate positions. 1 with reference to the field of medicine. When viewed vertically, the field divides into specialisms such as cardiology, orthopaedics, urology and oncology. A legal, professional and institutional framework supports the medical field as a whole, and professional autonomy is maintained within recognised sub-fields by means of specialist professional organisations, journals, conferences and learned societies.

Enron employees fared less well. In 2001 the energy trader employed some 21,000 workers in more than 40 countries. Its collapse left thousands of employees penniless, and resulted in the suicide of a former executive. 50 In 2003, the future of Alstom's 110,000 employees in 70 countries across the world hung in the balance, as the French government battled to save the ailing giant (see Chapter 3). Corporate failure on a grand scale also has enduring consequences for government. The collapse of leading firms erodes the tax base of the nation, directly and indirectly: directly through lost corporation tax, and indirectly through taxes on employment which are no longer paid.

The comparison becomes all the more alluring when attention is turned from broad economic aggregates to a consideration of the characteristics of the coiporate economies of the two countries. 3 bear testimony to the outcome of a long period of corporate growth - partly organic and partly through mergers and acquisitions - that began prior to the Second World War and has continued since, driven by the pursuit of economies of scale and scope. Again, a number of striking similarities emerge. The top 100 companies in France and the UK respectively employ, on average, very similar numbers of people and have similar levels of turnover.

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