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Lecture to discuss how this came to be,
the consequences and next steps
LONDON, ON, March 3, 2009 –
The
widespread fallout due to turmoil in the
financial sector shows how central
finance has become to society.
At an
upcoming lecture at the Richard Ivey
School of Business, Jerry Davis, a
professor at the Stephen M. Ross School
of Business at The University of
Michigan and author of "Managed by the
Markets", will explain how American
society has increasingly become
organized around finance, the effects
and what comes next in the aftermath of
the financial implosion.
Davis will
speak at Ivey Business School on
Tuesday, March 10 at 1 p.m. in Room
1N05.
The
discussion will centre around how
finance replaced manufacturing at the
centre of the American economy and what
the consequences have been for
corporations, banks and households.
"We've seen
a hyperactive growth of finance in the
past 25 years. Whether it's corporations
operated to create value for
shareholders, banks becoming gateways to
financial markets or households with
savings, pensions and mortgages tied to
the rise and fall of the markets,
finance has permeated American society
to an unprecedented degree," said Davis.
"As the current economic crisis reveals,
there are consequences to linking the
well-being of society too closely to
financial markets. The big question is,
what comes next?"
In addition
to teaching business, Davis is also a
professor of sociology at The University
of Michigan. He has published widely on
management, sociology, and finance.
For more on
"Managed by the Markets" please visit
www.managedbythemarkets.com
Media
interested in attending, please contact
Dawn Milne at 519-850-2536,
dmilne@ivey.uwo.ca
About the Richard Ivey School of
Business, The University of Western
Ontario
The Richard Ivey School of Business at
The University of Western Ontario (www.ivey.ca)
offers undergraduate (HBA)
and graduate degree programs (MBA,
Executive MBA and
PhD) in addition to non-degree
Executive Development programs. Ivey has
campuses in London (Ontario),
Toronto, and Hong Kong. Ivey
recently redesigned its curriculum to
focus on
Cross-Enterprise Leadership – a
holistic issues-based approach to
management education that meets the
demands of today's complex global
business world.
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Dawn Milne, Communications Specialist,
Richard Ivey School of Business:
519-850-2536,
dmilne@ivey.ca |
