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Corporate Networks in Europe and the United States
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Corporate Networks in Europe and the United States

Paul Windolf

Abstract

Corporate networks form part of the institutional structure of markets and the business environment, enabling firms to coordinate their behaviour and regulate competition. Networks perform a number of economic functions: they reduce information asymmetries and uncertainty, and facilitate the redistribution of risk between banks, firms, and investors. Within these networks, firms collectively monitor one another and owners supervise their managers. This book analyses comparative data on interlocking directorates and capital networks between large corporations in the United States and five count ... More

Keywords: corporate networks, United States, capital networks, interlocking directorates, economic elite, bureaucratic power, property rights, social capital, privatization, Europe

Bibliographic Information

Print publication date: 2002 Print ISBN-13: 9780199256976
Published to Oxford Scholarship Online: January 2010 DOI:10.1093/acprof:oso/9780199256976.001.0001

Authors

Affiliations are at time of print publication.

Paul Windolf, author
University of Trier
Author Webpage