Inter-firm Networks: Coordination Through Board and Department Interlocks

This book explores the inter-firm networks created by interlock coordination through shared directors and managers at various levels, using an empirical case study of the aerospace industry in the European Union and its interlock partners worldwide. It applies advanced statistical and social network analysis to show how extensive and intensive these interlock forms of coordination are, particularly when dealing with shared managers. The study offers insights into the role of the financial sector, relations between interlock coordination and firms performance, geographical, technological, and organizational proximity, and firms size.

Format: Hardback
Length: 330 pages
Publication date: 18 February 2023
Publisher: Springer International Publishing AG

This comprehensive book delves into the intricate networks formed by interlock coordination, facilitated by shared directors and managers across different levels: the entire aggregate, core versus peripheral companies, and distribution by country and sector. Through an empirical case study encompassing all limited liability or stock companies in the aerospace industry within the European Union and their interlock partners worldwide, the authors shed fresh light on these forms of coordination. Moreover, they unveil the significance of shared managers' coordination and hybrid manager-director interlocks.

The book employs advanced statistical and social network analysis techniques, combining firm attributes and topological indices to examine the extent and intensity of interlock forms of coordination. By conducting the analysis at both the aggregate network level and the cluster or corporate group level, the authors demonstrate the profound and extensive nature of interlock coordination, particularly when involving shared managers.

In order to test seven hypotheses related to the research stream on board interlocks and inter-firm networks, in a broader sense, the study provides valuable insights into the role of the financial sector, the relationship between interlock coordination and firm performance, the influence of geographical, technological, and organizational proximity, and the relationship between interlock coordination and firm size. As such, this book appeals to scholars of organization studies, business and management studies, industrial and evolutionary economics, and economic sociology, as well as officers and policymakers involved in anti-trust regulation institutions.

Weight: 682g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031173882
Edition number: 1st ed. 2023