0000000001034772

AUTHOR

James B. Glattfelder

showing 2 related works from this author

The network of global corporate control.

2011

The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy make…

FOS: Computer and information sciencesInternationalityFinancial ManagementEconomicsFinancial intermediarylcsh:MedicineNetwork theorySocial and Behavioral Sciences01 natural sciences010305 fluids & plasmasMicroeconomics050207 economicslcsh:ScienceMutual fundIndustrial organizationProfessional CorporationsMultidisciplinaryCorporate governanceApplied MathematicsPhysics05 social sciencesCommerceComputer Science - Social and Information NetworksComplex SystemsSocial Control PoliciesCore (game theory)Interdisciplinary PhysicsGeneral Finance (q-fin.GN)Quantitative Finance - General FinanceResearch ArticlePhysics - Physics and SocietyControl (management)FOS: Physical sciencesSpatial Economic AnalysisPhysics and Society (physics.soc-ph)BiologyStatistical MechanicsFOS: Economics and businessFinancial management0502 economics and business0103 physical sciencesownership corporate control network theoryStructure of MarketsSocial and Information Networks (cs.SI)business.industryFinancial marketlcsh:RIndustrial Organizationlcsh:QbusinessMathematicsPloS one
researchProduct

The Structure of Financial Networks

2010

We present here an overview of the use of networks in Finance and Economics. We show how this approach enables us to address important questions as, for example, the structure of control chains in financial systems, the systemic risk associated with them and the evolution of trade between nations. All these results are new in the field and allow for a better understanding and modelling of different economic systems.

FinanceStructure (mathematical logic)EconophysicsFinancial networksbusiness.industryGeography of financeHedge fundSettore FIS/02 - Fisica Teorica Modelli e Metodi MatematiciGravity model of tradeNetworks Finance EconophysicsSystemic riskEconomicsFinancial modelingbusinessIndustrial organization
researchProduct