Varieties of corporate networks: Network analysis and fsQCA

Abstract

The present research analyzes national corporate interlock networks and their causal conditions. The objective is two-fold: 1) to specify types of corporate networks, and 2) to pinpoint the causal configurations that give rise to each type of corporate network. First, corporate networks on basis of interlocking directorates are analyzed and compared using social network analysis to empirically derive a typology. The results show two types of corporate networks: cohesive corporate networks which are based on unification, centralization and strength ties; and dispersed corporate networks which are characterized by fragmentation, decentralization and single ties. Second, combinations of causal conditions that explain the emergence of each type of corporate networks are identified using fuzzy set qualitative comparative analysis (fsQCA). Finally, avenues of research on corporate interlock networks are suggested.