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Internalisation of public utilities: A study of ownership concentration

Internalisation of public utilities: A study of ownership concentration

Popov, Vladimir K. (2004) Internalisation of public utilities: A study of ownership concentration. Connections, 26 (1). p. 123. ISSN 0226-1776

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This research shows how Social Network Analysis can provide
insights into the process of globalisation. Although globalisation is the main issue on the agenda of businessmen, politicians and scholars, there is no clear understanding of its content and consequences. It is possible to distinguish two main viewpoints on the meaning of globalisation -optimistic and pessimistic. The proponents of the first approach highlight the positive impact of globalisation due to integration of global markets and states. Pessimists point out the increase in global inequality. Who is right in this dispute? It is not easy to answer this question not least because of paucity of solid empirical data. Our research is an attempt to address this dilemma. We assume that the concentration of ownership is a key parameter to be taken into account. We analyse the structure of ownership concentration in public utilities globally - about 5000 companies in 150 countries (data are provided by the Public Service International Research Unit of the University of Greenwich). We explore the structure of stocks of multinational corporations in various countries and sectors. We use clique analysis, centrality measures and a number of other SNA techniques in order to find out the general pattern of this structure and whether it supports either of the above-mentioned positions.

Item Type: Article
Additional Information: [1] Abstract of paper given at 2003 Sunbelt: International Sunbelt Social Network Conference, Cancún, Quintana Roo, México, February 12-16, 2003. [2] Abstract published in Connections, Volume 26, Issue 1, 2004 - final section 'Abstracts - Sunbelt 2003, pp.89-134.'
Uncontrolled Keywords: globalisation, social network analysis, public utilities
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HE Transportation and Communications
H Social Sciences > HF Commerce
Faculty / School / Research Centre / Research Group: Faculty of Business > Department of International Business & Economics
Faculty of Business > Centre for Work and Employment Research (CREW) > Public Services International Research Unit (PSIRU)
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Last Modified: 14 Oct 2016 09:13

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