The flow of corporate control in the global ownership network

被引：0

作者：

Mizuno, Takayuki ^{[1
]}

Doi, Shohei ^{[2
]}

Kurizaki, Shuhei ^{[3
]}

机构：

[1] Natl Inst Informat, Informat & Soc Res Div, Tokyo, Japan

[2] Hokkaido Univ, Publ Policy Sch, Sapporo, Hokkaido, Japan

[3] Waseda Univ, Sch Polit Sci & Econ, Tokyo, Japan

来源：

PLOS ONE | 2023年 / 18卷 / 08期

基金：

日本学术振兴会;

关键词：

VOTING POWER;

D O I：

10.1371/journal.pone.0290229

中图分类号：

O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];

学科分类号：

07 ; 0710 ; 09 ;

摘要：

We propose a model and algorithm to measure the amount of influence a shareholder has over the flow of corporate control held by the ultimate owners. Existing models of corporate ownership and control either focus on the ultimate owners' influence or inadequately evaluate the influence possessed by intermediate shareholders in a ownership network. As it extends Network Power Index (NPI) that describes the the power of corporate control possessed by the ultimate owners, our new model, Network Power Flow (NPF), delineates the distribution of ownership influence among shareholders across the network and identifies the channels through which the ultimate owners' corporate control travel through the global shareholding network. Our analysis of NPI and NPF values for 7 million ultimate owners and 16 million shareholders reveals a new landscape of ownership and control in the global shareholding network that remained opaque before.

引用

页数：22

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