The Core of the Global Corporate Network
Ricardo Giglio () and
Thomas Lux ()
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Ricardo Giglio: Federal University of Santa Catarina
Thomas Lux: University of Kiel
Networks and Spatial Economics, 2021, vol. 21, issue 3, No 7, 705 pages
Abstract:
Abstract We investigate the network topology of a comprehensive data set of the world-wide population of corporate entities. In particular, we have extracted information on the boards of all companies listed in Bloomberg’s archive of company profiles in October, 2015, a total of almost 100,000 firms. We provide information on board membership overlaps at various levels, and, in particular, show that there exists a core of directors who accumulate a large number of seats and are highly connected among themselves both at the level of national networks and at the worldwide aggregated level.
Keywords: Board and director interlocks; Network core; Network formation (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:kap:netspa:v:21:y:2021:i:3:d:10.1007_s11067-021-09527-8
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DOI: 10.1007/s11067-021-09527-8
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