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Who listens to the top? Integration of the largest corporations across sectoral networks
Acta Sociologica ( IF 2.355 ) Pub Date : 2018-08-03 , DOI: 10.1177/0001699318787860
Anton Grau Larsen 1 , Christoph Houman Ellersgaard 1
Affiliation  

Corporations use ties to other powerful organisations to influence the rules that structure their markets and the society in which they operate. The corporate interlocks created by board directors show how some corporations are more successful than others in integrating not only in the corporate world but also in other sectors. Neil Fligstein suggested that the best-organised and dominating corporations, or the incumbents, are the most successful in stabilising their markets. To explore the relationship between corporate networks and integration in other sectors in the setting of a small, open, but highly regulated economy, we analysed the intersection between the interlocking directorates among the top 1037 corporations in Denmark and seven other sectoral networks. We used a database containing 5079 affiliations and 56,536 positions, and show that the incumbents were better integrated across all sectors. The strong correlation between sectoral integration and turnover was deconstructed and an independent effect of prominence, or symbolic capital, was found. This suggests that when creating affiliations within and outside the corporate world it is not only the economic size that matters, but also the prestige of the firm.

中文翻译:

谁听高层的?跨部门网络整合最大的公司

公司利用与其他强大组织的联系来影响构建其市场和运营所在社会的规则。董事会创造的企业联锁表明,一些公司不仅在企业界而且在其他部门的整合方面都比其他公司更成功。尼尔·弗利格斯坦 (Neil Fligstein) 建议,组织最好、支配力最强的公司,或在位者,在稳定市场方面最为成功。为了探讨在小型、开放但高度监管的经济环境中公司网络与其他部门整合之间的关系,我们分析了丹麦 1037 家顶级公司之间的联锁董事会与其他七个部门网络之间的交集。我们使用了一个包含 5079 个附属机构和 56,536 个职位的数据库,并表明现有企业在所有部门中得到了更好的整合。部门整合与营业额之间的强相关性被解构,并发现了显着性或象征性资本的独立效应。这表明,在企业界内外建立联系时,重要的不仅是经济规模,还有公司的声望。
更新日期:2018-08-03
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