Interlocking Directorates in Swedish Big Business in the Early 20th Century

Ottosson, Jan

doi:10.1177/000169939704000104

“…Turning to the Twentieth Century, William Roy (1983) examined the formation of corporate cliques that support the perspective that corporate ties were generated through resource dependencies among the railroads, coal companies and nancial institutions. In Europe, Fohlin (1999) documents the rise of interlocking directorates in Imperial Germany between 1880and 1910, and Ottosson (1997 examines the emergence of interlocking directorates in Sweden from 1903Sweden from to 1939 7. It should also be noted that important work has been conducted on the formation of a transnational capitalist class.…”

mentioning

confidence: 99%

Networks of Corporate Interlocking: 1962—1995

Barnes

¹

,

Ritter

²

2001

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This paper documents the changing patterns of corporate interlocking among approximately 250 corporations across four time periods-1962, 1973, 1983, and 1995. By utilizing network analyses, we describe several attributes of the overall set of interlocking corporate directors in a period of increasing corporate concentration, economic globalization, and changing regulatory environments. Measures of network density are based on all corporations and are broken-down by the ties formed by single versus multiple interlocking directorates. Three measures of network centralization are based on complete sociomatricies in which all ties between corporations are non-directional and have been recorded as either present or absent. Finally, we report the number of cliques formed by minimum size across time. Measures of network density, centralization and the number of cliques all underscore that the network of corporate ties in 1995 is less dense, less concentrated, and contain few subgroups. Our analyses at the corporate level demonstrate that these changes occurred primarily among nancial corporations and correspond to a period of dramatic changes in the U.S. nancial markets. Given our descriptive ndings, we conclude that interlocking directorates in the United States are becoming less concentrated, though by no means insigni cant.

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“…Turning to the Twentieth Century, William Roy (1983) examined the formation of corporate cliques that support the perspective that corporate ties were generated through resource dependencies among the railroads, coal companies and nancial institutions. In Europe, Fohlin (1999) documents the rise of interlocking directorates in Imperial Germany between 1880and 1910, and Ottosson (1997 examines the emergence of interlocking directorates in Sweden from 1903 to 1939.…”

mentioning

confidence: 99%

Networks of Corporate Interlocking: 1962–1995

Barnes¹,

Ritter²

2001

View full text Add to dashboard Cite

This paper documents the changing patterns of corporate interlocking among approximately 250 corporations across four time periods-1962, 1973, 1983, and 1995. By utilizing network analyses, we describe several attributes of the overall set of interlocking corporate directors in a period of increasing corporate concentration, economic globalization, and changing regulatory environments. Measures of network density are based on all corporations and are broken-down by the ties formed by single versus multiple interlocking directorates. Three measures of network centralization are based on complete sociomatricies in which all ties between corporations are non-directional and have been recorded as either present or absent. Finally, we report the number of cliques formed by minimum size across time. Measures of network density, centralization and the number of cliques all underscore that the network of corporate ties in 1995 is less dense, less concentrated, and contain few subgroups. Our analyses at the corporate level demonstrate that these changes occurred primarily among nancial corporations and correspond to a period of dramatic changes in the U.S. nancial markets. Given our descriptive ndings, we conclude that interlocking directorates in the United States are becoming less concentrated, though by no means insigni cant.Critical Sociology 27,2

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Cooperation, Interbank Markets and Bank-Industry Networks: The Growth and Characteristics of Swedish Bank Lending, 1860–1910

Petersson¹

2010

The Swedish Financial Revolution

0

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Interlocking Directorates in Swedish Big Business in the Early 20th Century

Cited by 3 publications

References 26 publications

Networks of Corporate Interlocking: 1962—1995

Networks of Corporate Interlocking: 1962—1995

Networks of Corporate Interlocking: 1962–1995

Cooperation, Interbank Markets and Bank-Industry Networks: The Growth and Characteristics of Swedish Bank Lending, 1860–1910

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