On the topological properties of the cross-shareholding networks of listed companies in China: Taking shareholders’ cross-shareholding relationships into account

Determination of Systemically Important Companies with Cross-Shareholding Network Analysis: A Case Study from an Emerging Market

“…A degree-equivalent measure was introduced for weighted directed cross-shareholding network and analysis of statistical characteristics of the network in terms of corporate, sector and province was reported. In addition to the above, there have been several other studies on the application of cross-shareholding (for example, see [18][19][20][21]). In conclusion, although little studies have been done on application of cross-shareholding networks, no specific paper has yet been published on application of the cross-shareholding network for systemic risk analysis.…”

The evolutionary stability of shareholders’ co-holding behavior for China’s listed energy companies based on associated maximal connected sub-graphs of derivative holding-based networks

“…A sub-graph in the holding-based network represents a group in which the economic agents are well connected by shareholding. There are many algorithms employed for searching sub-graphs [32,33]; in this paper, we chose an algorithm developed by Vincent et al named the Heuristic Algorithm [11,34] and improved it considering the characteristics of the holding-based network.…”

“…In the stock market, complex networks are widely employed to analyze the direction of stock price indexes [8], stock market returns [9], investment behavior [10], and relationships between listed companies and their shareholders [11,12], and the relationships between shareholders [13,14]. Most scholars primarily researched the topological structure and topological features, the correlation, and the dynamic evolution and the power-law distribution of different empirical complex networks in the stock market.…”

“…Previously, we analyzed the primitive relationships of shareholding network between shareholders and listed companies as well as the shareholders' cross-shareholding relationships [11]. For the shareholders, derivative equivalence relationships based on the primitive shareholding relationships are also important as mentioned above.…”

Evolution of the exergy flow network embodied in the global fossil energy trade: Based on complex network

“…In the study of complex networks, there are regular network, random network and general network, and there also derived small-world network model [6] and BA scale-free network model [7]. Complex network theory has been applied to business economics [8], energy economics [9,10], social sciences [11,12], cross-shareholding networks [13], and other fields. Since the 1990s, many economists and sociologists have focused on international trade and social networks.…”