Articulating Global Wealth Chains

Abstract

Abstract In this concluding chapter, Leonard Seabrooke and Duncan Wigan summarize the volume through some conceptual considerations. The first is to distinguish the firm from the corporation to provide a stronger understanding of how global wealth chains are planned within multinational enterprises and articulated. This includes distinguishing how different jurisdictions offer advantages for value chain and wealth chain activity, as well as noting the enabling role of global professional service firms. The second conceptual consideration is to theorize how micro-level interactions between clients, professionals, and regulators facilitate the selection of types of wealth chains and their associated corporate forms. The editors relate these two considerations to contributions in the volume and close by outlining the future research agenda.