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THE EURO ZONE CORPORATE ELITE AT THE CLIFF EDGE (2005-2008): A NEW APPROACH OF TRANSNATIONAL INTERLOCKING.
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- Author(s): Vion, Antoine; Dudouet, François-Xavier; Grémont, Eric
- Source:
Research in the Sociology of Organizations; 2015, Vol. 43, p165-187, 23p- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: The paper examines the degree of interlocking directorships across the major Eurozone economies. It uses the major stock market indices in France, Germany, Italy, the Netherlands, and Belgium to identify the top of the corporate elite in each country. For the period of 2005-2008, it studies transnational links between European companies. The paper draws attention to a number of features of these interlocks. Firstly transnational interlocks remain relatively low but secondly they do vary considerably. An important issue here is the degree of bilateral integration which is occurring between some countries within the Eurozone, for example France and Belgium, and the degree to which other countries, most notably, Italy are increasingly disconnected, whilst the two most powerful economies, France and Germany, are very weakly connected. This variability reflects a series of structural divides between big business in the Eurozone that makes it difficult for this corporate elites to be cohesive at the European level. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Research in the Sociology of Organizations is the property of Emerald Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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