Related Experiment Videos
The network of global corporate control
Stefania Vitali1, James B Glattfelder, Stefano Battiston
1Chair of Systems Design, ETH Zurich, Zurich, Switzerland.
Plos One
|November 3, 2011
Summary
Transnational corporations form a global bow-tie network, concentrating control within a small group of financial institutions. This economic super-entity impacts market competition and financial stability.
Area of Science:
- Economics
- Network Science
- Financial Analysis
Background:
- The control structure of transnational corporations (TNCs) significantly influences global market competition and financial stability.
- Previous studies on TNC control networks were limited to small national samples, lacking a global assessment methodology.
Purpose of the Study:
- To investigate the architecture of the international ownership network of TNCs.
- To compute the extent of control exerted by each global player within this network.
Main Methods:
- Analysis of the global ownership network structure.
- Computation of control flows among international corporations.
Main Results:
- Transnational corporations exhibit a giant bow-tie network structure.
- A significant portion of economic control is concentrated in a small, tightly-knit core of financial institutions.
Conclusions:
- The identified core of financial institutions acts as an economic 'super-entity'.
- This concentration of control presents new challenges and research questions for policymakers and academics.
Related Concept Videos
01:28Global Regulatory Systems
Global regulatory systems in bacteria enable rapid and coordinated responses to environmental changes by integrating sensory inputs with gene expression, ensuring efficient adaptation to fluctuating conditions. Key global regulatory mechanisms include regulons, two-component systems, sigma factors, and secondary messengers.Regulons and Global RegulatorsA regulon is a collection of genes and operons controlled by a common global regulator. These regulators enable bacteria to prioritize resource...
01:03Drug Control Governance: Regulatory Bodies and Their Impact
Drug control governance involves the oversight and regulation of pharmaceuticals to ensure their safety and efficacy while preventing illegal drug use and trafficking. Regulatory bodies, including the US Food and Drug Administration (FDA) and the European Union's European Medicines Agency (EMA), play a central role in this process. These agencies evaluate the safety and efficacy of drugs before they can be marketed. They fund clinical trials and assess the benefits and risks associated with a...
01:26Locus of Control
Locus of control describes how individuals perceive the causes of events in their lives, influencing motivation and well-being. Introduced by Julian Rotter in 1954, it is categorized into internal and external locus of control.Internal Locus of ControlIndividuals with an internal locus of control believe their actions determine outcomes, fostering responsibility, self-efficacy, and motivation. For example, an employee may attribute career success to hard work. Research links this mindset to...
01:18Hierarchy of Motor Control
The hierarchy of motor control refers to the different levels of organization and processing involved in controlling movement in the body. These levels range from higher cortical areas involved in planning and decision-making to lower spinal cord reflexes that respond automatically to external stimuli.
02:04Covalently Linked Protein Regulators
Proteins can undergo many types of post-translational modifications, often in response to changes in their environment. These modifications play an important role in the function and stability of these proteins. Covalently linked molecules include functional groups, such as methyl, acetyl, and phosphate groups, and also small proteins, such as ubiquitin. There are around 200 different types of covalent regulators that have been identified.
These groups modify specific amino acids in a protein.
These groups modify specific amino acids in a protein.
02:04Covalently Linked Protein Regulators
Proteins can undergo many types of post-translational modifications, often in response to changes in their environment. These modifications play an important role in the function and stability of these proteins. Covalently linked molecules include functional groups, such as methyl, acetyl, and phosphate groups, and also small proteins, such as ubiquitin. There are around 200 different types of covalent regulators that have been identified.
These groups modify specific amino acids in a protein.
These groups modify specific amino acids in a protein.