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The Core of the Global Corporate Network
Ricardo Giglio (Universidade Federal de Santa Catarina), Thomas Lux (Christian-Albrechts-Universität zu Kiel)
Abstract: Abstract We investigate the network topology of a comprehensive data set of the world-wide population of corporate entities. In particular, we have extracted information on the boards of all companies listed in Bloomberg’s archive of company profiles in October, 2015, a total of almost 100,000 firms. We provide information on board membership overlaps at various levels, and, in particular, show that there exists a core of directors who accumulate a large number of seats and are highly connected among themselves both at the level of national networks and at the worldwide aggregated level.