The Community Structure of the Global Corporate Network

Abstract

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.

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Cited by in corpus (9)

• The Physics of Financial Networks
• The Community Structure of the Global Corporate Network
• Centrality in the Global Network of Corporate Control
• The Effects of Data Quality on the Analysis of Corporate Board Interlock Networks
• Characterization of the community structure in a large-scale production network in Japan
• Stratified communities in complex business networks
• Platform Competition as Network Contestability
• Detecting overlapping community structure: Estonian network of payments
• Identification of Key Companies for International Profit Shifting in the Global Ownership Network