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Changing big business in Italy and Spain, 1973-2003: Strategic responses to a new context

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  • Veronica Binda
  • Andrea Colli

Abstract

Drawing on a new database, this article deals with the transformation of ownership, strategies and structures of the top 50 Italian and Spanish business groups and with the relationships between these three dimensions in the period extending from the mid-1970s to 2003. Despite the deep changes in the macro-economic framework during the period considered, the ownership and organisational structures of big business present relevant continuities in both countries. However, the database individuates a metamorphosis in the diversification and internationalisation patterns in both nations. Among the many relevant factors in the interpretation of this trend, the impact of the process of European integration and the high level of turbulence which characterised the largest companies during this period are not negligible.

Suggested Citation

  • Veronica Binda & Andrea Colli, 2011. "Changing big business in Italy and Spain, 1973-2003: Strategic responses to a new context," Business History, Taylor & Francis Journals, vol. 53(1), pages 14-39.
    • Handle: RePEc:taf:bushst:v:53:y:2011:i:1:p:14-39
    DOI: 10.1080/00076791.2011.546658
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    1. Whittington, Richard & Mayer, Michael, 2000. "The European Corporation: Strategy, Structure, and Social Science," OUP Catalogue, Oxford University Press, number 9780199242085.
    2. Marco Becht & Fabrizio Barca, 2001. "The control of corporate Europe," ULB Institutional Repository 2013/13302, ULB -- Universite Libre de Bruxelles.
    3. Renato Giannetti & Michelangelo Vasta (ed.), 2006. "Evolution of Italian Enterprises in the 20th Century," Contributions to Economics, Springer, number 978-3-7908-1712-6, September.
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