A Social Network Analysis of Interlocking Directorates in French Firms

Author

Elouaer-Mrizak, S.

Author_Institution

GATE LSE, Univ. of Jean Monnet, St. Etienne, France

fYear

2012

fDate

26-29 Aug. 2012

Firstpage

1018

Lastpage

1026

Abstract

Using Social Network Analysis, this study investigates whether a board interlocking network exists among the French listed companies (we consider the French Financial Indices CAC 40 and SBF 250) and how this network differs between CAC40 companies and SBF250 companies. Moreover, this research focuses on whether a firmâs centrality is associated with its size. The results suggest that (1) the interlocking network is denser in 1996 and 2010 than in 2005, (2) big companies (size is measured by the firmâs market capitalization) are the central nodes in these networks, (3) the location of the company is more important than simply the number of ties.

Keywords

economic indicators; graph theory; network theory (graphs); organisational aspects; social sciences; stock markets; CAC 40 French listed company financial index; French firm centrality; French firm market capitalization; French firm size; SBF 250 French listed company financial index; board interlocking network central nodes; company location; interlocking directorate social network analysis; Board of Directors; Companies; Control theory; Economics; Educational institutions; Social network services; Uncertainty; Corporate Governance; Graph Theory; Interlocking Directorates; Social Network Analysis;

fLanguage

English

Publisher

ieee

Conference_Titel

Advances in Social Networks Analysis and Mining (ASONAM), 2012 IEEE/ACM International Conference on

Conference_Location

Istanbul

Print_ISBN

978-1-4673-2497-7

Type

conf

DOI

10.1109/ASONAM.2012.177

Filename

6425625