Common Ownership in Europe and the US: A Network Analysis Approach

Nuria Boot, Albert Banal-Estañol and Jo Seldeslachts

Chapter 12 in Research Handbook on Competition and Corporate Law, 2025, pp 235-250 from Edward Elgar Publishing

Abstract: We provide a descriptive network analysis of the ownership patterns of the Top 50 firms in Europe's S&P 350 and the US’ S&P 500 in 2004 and 2015. We compare the structure and characteristics of the common ownership networks between European and US firms separately, as well as the (bipartite) network of European firms on the one hand and US firms on the other. We make use of two types of pairwise measure of common ownership, which determine links on the basis of individual or joint levels of ownership. We find that, although they become more connected over time, Top 50 European firms remain, generally, less connected than Top 50 US firms. Still, as the evolution of the network partly depends on the ownership stake used, the effects of common ownership might depend on whether common investors exert individual influence, and what level of ownership is needed, or joint influence.

Keywords: Common Ownership; Networks; Links; Competition; S&P 500; S&P 350 (search for similar items in EconPapers)
Date: 2025
ISBN: 9781803920542
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781803920559.00024 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21434_12

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Jack Sweeney ().