ABSTRACT
Modern promoters bear a certain resemblance to the "projectors" of former centuries, they are a new set of commercial or financial industrialists who were certainly not known, because they were not a necessity, in the single-factory era of decentralized industrial development. Their task has been and still is to float financial projects huge enough to tackle the wide field of capital supply necessitated by the amalgamative aims of large undertakings, which imply the buying out of weak competitors. In last fifteen years it has certainly not always been genuine financial need of industry in regard to the carrying through of a more economic concentrative organization, which has bestowed upon finance capital the opportunity of providing new services for industry and has created a closer link between finance and industry, but the reverse has happened as well. It has of late become more and more evident that the concentrative tendencies in modern industry are giving a double role to financial capital.
