Power and Ownership Structures among German Companies. A Network Analysis of Financial Linkages
Jochen Möbert and
Patrick Tydecks
Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)
Abstract:
The literature on ownership structures has made continual use of notions such as cross-holdings and pyramids which are closely related to the vastly increasing network literature. We propose to transfer successfully applied network methods such as network graphs, the MAN-classification scheme, and centrality concepts to the corporate control and corporate governance branch as well. Given these concepts and a unique data set containing 2784 companies we can identify the most powerful German companies and their characteristics.
Date: 2007-02
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Published in Darmstadt Discussion Papers in Economics . 179 (2007-02)
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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:35974
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