Is There a Global Small World of Owners and Directors?
Is There a Global Small World of Owners and Directors?
This chapter investigates whether a global small world of business owners and corporate directors exists. It evaluates the descriptive power of the tools of the new science of networks to understand governance networks and examines how corporate control had changed in the 1990s and to whose advantage. The findings indicate that the global transnational graph is still strongly structured by national governance networks and that owners and directors are strongly connected to their national markets but loosely connected to other national governance networks.
Keywords: global small world, business owners, corporate directors, governance networks, corporate control, national markets
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