This article analyses the structure of the Italian corporate network in the decade that followed the end of the “Golden Age” (1972-83), when the transition from the technological trajectory of the second to that of the third industrial revolution began. The article is based on a large dataset, Imita.db, which contains data on more than 38,000 Italian joint-stock companies and about 300,000 directors, and uses both network analysis and a prosopographic approach. The main result is that the interval considered was marked by a sharp decrease in the degree of cohesion of the Italian corporate network. In 1972 the system was very cohesive and state-owned enterprises were well represented within the most central firms. In 1983 the cohesion of the system had sharply diminished; state-owned enterprises had disappeared from the centre and a new private centre, hinged on Mediobanca, the only merchant bank operating in the country, had emerged.

The Italian corporate network after the “Golden Age” (1972-83): From centrality to marginalization of State-owned enterprises / Rinaldi, Alberto; M., Vasta. - In: ENTERPRISE & SOCIETY. - ISSN 1467-2227. - STAMPA. - 13:(2012), pp. 378-413. [10.1093/es/khr071]

The Italian corporate network after the “Golden Age” (1972-83): From centrality to marginalization of State-owned enterprises

RINALDI, Alberto;
2012

Abstract

This article analyses the structure of the Italian corporate network in the decade that followed the end of the “Golden Age” (1972-83), when the transition from the technological trajectory of the second to that of the third industrial revolution began. The article is based on a large dataset, Imita.db, which contains data on more than 38,000 Italian joint-stock companies and about 300,000 directors, and uses both network analysis and a prosopographic approach. The main result is that the interval considered was marked by a sharp decrease in the degree of cohesion of the Italian corporate network. In 1972 the system was very cohesive and state-owned enterprises were well represented within the most central firms. In 1983 the cohesion of the system had sharply diminished; state-owned enterprises had disappeared from the centre and a new private centre, hinged on Mediobanca, the only merchant bank operating in the country, had emerged.
13
378
413
The Italian corporate network after the “Golden Age” (1972-83): From centrality to marginalization of State-owned enterprises / Rinaldi, Alberto; M., Vasta. - In: ENTERPRISE & SOCIETY. - ISSN 1467-2227. - STAMPA. - 13:(2012), pp. 378-413. [10.1093/es/khr071]
Rinaldi, Alberto; M., Vasta
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/681246
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