Arbeitspapier
The small core of the German corporate board network: New evidence from 2010
Milakovic, Alfarano and Lux (2010) have identified a small core of directors who are both highly central to the entire network of German corporate boards as well as closely connected among themselves. While their analysis has been based on data for the management and supervisory boards of a sample of 287 publicly traded companies with high market capitalization as of May 2008, a subsequent study by Milakovic, Raddant and Birg (2010) using somewhat smaller samples from the years 1993, 1999, and 2005 has confirmed that this closely connected core is a persistent stylized fact for the German corporate sector. In this note, we provide an update of our previous results using the composition of management and supervisory boards as of December, 2010. Again, almost all qualitative properties of previous samples are confirmed despite considerable turnover within the group of persons constituting the network core.
- Language
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Englisch
- Bibliographic citation
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Series: Kiel Working Paper ; No. 1740
- Classification
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Wirtschaft
Network Formation and Analysis: Theory
Firm Objectives, Organization, and Behavior: General
Corporate Culture; Diversity; Social Responsibility
Personnel Economics: Firm Employment Decisions; Promotions
- Subject
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board and director interlocks
network core
network formation
market capitalization
- Event
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Geistige Schöpfung
- (who)
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Milakovic, Mishael
Alfarano, Simone
Lux, Thomas
- Event
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Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
-
Kiel
- (when)
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2011
- Handle
- Last update
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30.05.2025, 12:00 AM CEST
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Milakovic, Mishael
- Alfarano, Simone
- Lux, Thomas
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2011
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