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The network of global corporate control: implications for public policy

Hugh Compston

Business and Politics, 2013, vol. 15, issue 3, 357-379

Abstract: To what extent do transnational companies (TNCs) have the capacity to influence public policy? This article uses the results of a major new study of TNC ownership to shed light on this issue. It is found that TNC ownership and control is extremely concentrated and that there is an inner core of firms with strong co-ownership links that is overrepresented in the membership of major business organizations. It is concluded that these factors enhance the potential for TNCs in general, and core TNCs in particular, to influence public policy.

Date: 2013
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