Purpose – Interlocks' network evolves and changes over time. Ties are created and destroyed and firm's position in the network changes. The alternate views on interlocks' evolution existing in literature lead the authors to investigate interlocks' network dynamics through a framework based on structural and qualitative change. This research aims to analyze qualitative and quantitative evolutions of Italian network of interlocks among firms listed on Milan stock exchange. Design/methodology/approach – The paper uses the dynamic network analysis to test the evolution of Italian network of interlocked firms and its consequence for firms' competitiveness Findings – The article evidences interlocking directorates effects on Italian system's competitiveness Originality/value – This article offers a new perspective of analysis in interlocking directorates' evolution
Business Strategy Series – Emerald Publishing
Published: Jan 4, 2013
Keywords: Interlocking directorates; Dynamic network analysis; Italy; Directors; Stock exchanges
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