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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title The network of global corporate control
Organization Unit
Authors
  • Stefano Battiston
  • James Glattfelder
  • Stefania Vitali
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title PLoS ONE
Publisher Public Library of Science (PLoS)
Geographical Reach international
ISSN 1932-6203
Volume 6
Number 10
Page Range e25995
Date 2011
Abstract Text 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 makers.
Free access at DOI
Digital Object Identifier 10.1371/journal.pone.0025995
Other Identification Number merlin-id:9879
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