ABSTRACT
How far do the careers of managers and directors matter for contemporary financialisation? They may be related in two ways. Change in the careers of managers and directors can be seen as a consequence of financialisation: the growing importance of financial activities and the increasing power of financial firms imply that financiers are now more likely to get to top positions in the main firms. Therefore, financialisation can be seen as one of the main streams that are reworking the economic elites (Mizruchi, 2013). But changes in careers can also be seen as a cause of financialisation. If some actors (for example, former chief financial officers) who seldom reached the top of firms are more and more central, they are more likely to promote financial logics in the firms they now run. In this regard, changes in careers can be seen as one of the key mechanisms that might explain the financialisation of firm strategies (Zorn, 2004).
