Monday, 12 September 2011

The Global Corporate Network Exposed

http://planetsave.com/2011/08/28/who-runs-the-world-network-analysis-reveals-super-entity-of-global-corporate-control/





Top 50 Control-Holders Ranking:

{source: the following is quoted directly from the research paper]

This is the first time a ranking of economic actors by global control is presented. Notice that many actors belong to the financial sector (NACE codes starting with 65,66,67) and many of the names are well-known global players.

The interest of this ranking is not that it exposes unsuspected powerful players. Instead, it shows that many of the top actors belong to the core. This means that they do not carry out their business in isolation but, on the contrary, they are tied together in an extremely entangled web of control. This finding is extremely important since there was no prior economic theory or empirical evidence regarding whether and how top players are connected.

Shareholders are ranked by network control (according to the threshold model, TM). Columns indicate country, NACE industrial sector code, actor’s position in the bow-tie sections, cumulative network control. Notice that NACE codes starting with 65,66, or 67 belong to the financial sector.

Rank , Economic actor name, Country, NACE code, Network Cumul. Network position, control (TM, %)

1 BARCLAYS PLC GB 6512 SCC 4.05

2 CAPITAL GROUP COMPANIES INC, THE US 6713 IN 6.66

3 FMR CORP US 6713 IN 8.94

4 AXA FR 6712 SCC 11.21

5 STATE STREET CORPORATION US 6713 SCC 13.02

6 JP MORGAN CHASE & CO. US 6512 SCC 14.55

7 LEGAL & GENERAL GROUP PLC GB 6603 SCC 16.02

8 VANGUARD GROUP, INC., THE US 7415 IN 17.25

9 UBS AG CH 6512 SCC 18.46

10 MERRILL LYNCH & CO., INC. US 6712 SCC 19.45

11 WELLINGTON MANAGEMENT CO. L.L.P. US 6713 IN 20.33

12 DEUTSCHE BANK AG DE 6512 SCC 21.17

13 FRANKLIN RESOURCES, INC. US 6512 SCC 21.99

14 CREDIT SUISSE GROUP CH 6512 SCC 22.81

15 WALTON ENTERPRISES LLC US 2923 T&T 23.56

16 BANK OF NEWYORKMELLON CORP. US 6512 IN 24.28

17 NATIXIS FR 6512 SCC 24.98

18 GOLDMAN SACHS GROUP, INC., THE US 6712 SCC 25.64

19 T. ROWEPRICE GROUP, INC. US 6713 SCC 26.29

20 LEGG MASON, INC. US 6712 SCC 26.92

21 MORGAN STANLEY US 6712 SCC 27.56

22 MITSUBISHI UFJ FINANCIAL GROUP, INC. JP 6512 SCC 28.16

23 NORTHERN TRUST CORPORATION US 6512 SCC 28.72

24 SOCIÉTÉ GÉNÉRALE FR 6512 SCC 29.26

25 BANK OF AMERICA CORPORATION US 6512 SCC 29.79

26 LLOYDS TSB GROUPPLCGB 6512 SCC 30.30

27 INVESCOPLCGB 6523 SCC 30.82

28 ALLIANZSE DE 7415 SCC 31.32

29 TIAA US 6601 IN 32.24

30 OLD MUTUAL PUBLIC LIMITED COMPANY GB 6601 SCC 32.69

31 AVIVAPLC GB 6601 SCC 33.14

32 SCHRODERSPLC GB 6712 SCC 33.57

33 DODGE & COX US 7415 IN 34.00

34 LEHMAN BROTHERS HOLDINGS, INC. US 6712 SCC 34.43

35 SUN LIFE FINANCIAL, INC. CA 6601 SCC 34.82

36 STANDARDLIFEPLCGB 6601 SCC 35.2

37 CNCE FR 6512 SCC 35.57

38 NOMURA HOLDINGS, INC. JP 6512 SCC 35.92

39 THE DEPOSITORY TRUST COMPANY US 6512 IN 36.28

40 MASSACHUSETTS MUTUAL LIFE INSUR. US 6601 IN 36.63

41 INGGROEP N.V. NL 6603 SCC 36.96

42 BRANDES INVESTMENT PARTNERS, L.P. US 6713 IN 37.29

43 UNICREDITO ITALIANO SPA IT 6512 SCC 37.61

44 DEPOSIT INSURANCE CORPORATION OF JP JP 6511 IN 37.93

45 VERENIGING AEGON NL 6512 IN 38.25

46 BNPPARIBAS FR 6512 SCC 38.56

47 AFFILIATED MANAGERS GROUP, INC. US 6713 SCC 38.88

48 RESONA HOLDINGS, INC. JP 6512 SCC 39.18

49 CAPITAL GROUP INTERNATIONAL, INC. US 7414 IN 39.48

50 CHINA PETROCHEMICAL GROUP CO. CN 6511 T&T 39.78

Source: Planetsave (http://s.tt/138oe)









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1 comment:

  1. Hmmm, this looks like a who's who list of what the FBI Most Wanted list SHOULD look like.

    ReplyDelete