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Trabajo y sociedad

On-line version ISSN 1514-6871

Abstract

PAREDES, Diego. Interlocking directorates: a study of corporate power in today's Argentina. Trab. soc. [online]. 2011, n.16, pp.39-51. ISSN 1514-6871.

The aim of this article is to analyze, through the interlocking directorates method, the networks that are established between some of the highest revenues corporations in Argentina. Most of the research studies focused on the analysis of large corporations are based on economic indicators, such as studies on concentration of wealth. In the present case, through the concept of social networks, we focus on the social relations that are developed among big corporations in our country. We observe that the corporations studied represent a highly interconnected sector; in addition, through network analysis, we give evidence that supports the resources dependence theory, as well as the financial control theory: the interlocks among corporations respond to the type of resources under their control, in particular, the significant role of financial resources over the others. The firms were selected from the Revenue Company Ranking published by the Mercado magazine for the year 2005; we have added to the sample some of the most important banks that operate today in Argentina and other four entities of supreme relevancy in the economic system, with the intention of knowing their relationship with the rest of the companies.

Keywords : Economic power; Corporations; Social networks; Resources dependence; Financial control.

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