Please use this identifier to cite or link to this item:
Appears in Collections:Management, Work and Organisation Journal Articles
Peer Review Status: Refereed
Title: Financialization and Value-based Control: Lessons from the Australian Mining Supply Chain
Author(s): Parker, Rachel
Cox, Stephen
Thompson, Paul
Contact Email:
Keywords: global value chains
global productionnetworks
resources industry
Issue Date: 2018
Date Deposited: 14-Jul-2017
Citation: Parker R, Cox S & Thompson P (2018) Financialization and Value-based Control: Lessons from the Australian Mining Supply Chain. Economic Geography, 94 (1), pp. 49-67.
Abstract: Lead firms operate on multiple scales, and although their corporate functions may be globally organized, they are anchored in various territories through the formation of relations with local suppliers, some of whom have specialized knowledge, capabilities, or technologies that are essential to the lead firms’ business activities. Global value chain and global production network analyses have recognized that financialization is increasingly driving the way that lead firms coordinate their relationships with supplier firms. The contribution of this article is to unpack the mechanisms that lead firms adopt to govern their supply chains in the context of financialization and the implications this has for the territorial embeddedness of lead firms. The boom–bust cycle of mining, arising from massive fluctuations in global commodity prices, provides a revealing context in which to explore the changing agendas of financial markets and their implications for lead firm connections to territory. This article examines the mechanisms lead firms use to coordinate relations with local suppliers in the Queensland coal industry, which accounts for 50 percent of international trade in metallurgical coal and which has evolved in the context of the most recent boom–bust cycle of global coal prices.
DOI Link: 10.1080/00130095.2017.1330118
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. This is an Accepted Manuscript of an article published by Taylor & Francis Group in Economic Geography on 19 Jun 2017, available online:

Files in This Item:
File Description SizeFormat 
Parker Cox and Thompson Economic Geography AAM.pdfFulltext - Accepted Version320.76 kBAdobe PDFView/Open

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

The metadata of the records in the Repository are available under the CC0 public domain dedication: No Rights Reserved

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.