6533b820fe1ef96bd127a2ea
RESEARCH PRODUCT
The Community Structure of the Global Corporate Network
Stefano BattistonStefano BattistonStefania VitaliStefania VitaliStefania Vitalisubject
Character (mathematics)Secondary sector of the economyCommunity structureQuantitative assessmentCorporate networkBusinessEconomic geographyLocationCentralityFinancial sectordescription
We investigate the community structure of the global ownership network of transnational corporations. We find a pronounced organization in communities that cannot be explained by randomness. Despite the global character of this network, communities reflect first of all the geographical location of firms, while the industrial sector plays only a marginal role. We also analyze the network in which the nodes are the communities and the links are obtained by aggregating the links among firms belonging to pairs of communities. We analyze the network centrality of the top 50 communities and we provide the first quantitative assessment of the financial sector role in connecting the global economy.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2013-01-01 | SSRN Electronic Journal |