A Republican Settlement Theory of the Firm: Applied to Retail Banks in England and the Netherlands (1830-2007)

The ability to take a leading role in democratic settlements largely shapes a firm’s long term success. A key requirement to occupying such a leading role is the creation of a platform for the execution of democratic principles by customers, shareholders, societal stakeholders, and political actors: the impossibility to dominate others, and the possibility of rivalry and dissent. After careful analysis of the strategies followed by Dutch and English banks, I conclude that building such a platform implies the development of six strategic abilities. Internationally, firms’ ability to take a lead... Mehr ...

Verfasser: Hensmans, M. (Manuel)
Dokumenttyp: doctoralThesis
Erscheinungsdatum: 2010
Schlagwörter: England / Netherlands / analytical dualism / banks / commercial and cooperative / democratisation / dissent / freedom of domination / history / republican / rivalry / settlements / success models
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-27607908
Datenquelle: BASE; Originalkatalog
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Link(s) : http://repub.eur.nl/pub/19494

The ability to take a leading role in democratic settlements largely shapes a firm’s long term success. A key requirement to occupying such a leading role is the creation of a platform for the execution of democratic principles by customers, shareholders, societal stakeholders, and political actors: the impossibility to dominate others, and the possibility of rivalry and dissent. After careful analysis of the strategies followed by Dutch and English banks, I conclude that building such a platform implies the development of six strategic abilities. Internationally, firms’ ability to take a leading role is enabled and constrained by their affiliation with (a) particular nation-state(s); in particular the geopolitical perception of a nation-state’s capacity to express the ideal of popular sovereignty and the right to self-determination. Drawing on an historical analysis of the strategies followed by the Netherlands and England since early modern times, the US and the EU (including the West-German Republic) since WWII, I clarify how nation-state leaders should go about in securing an advantageous geopolitical perception; and in maximising the possibilities of self-determination and success for affiliated firms.