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Global Cities in the Global Corporate Network

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  • William K Carroll

    (Department of Sociology, University of Victoria, Victoria, BC V8W 2Y2, Canada)

Abstract

Since the 1980s two separate literatures—one focused on global cities, the other on transnational corporate interlocking—have explored issues of hierarchy and networking within the global political economy. I present an analysis of how major cities and interlocking corporate directorates are articulated together into a global network. Findings indicate that the network is concentrated in the main world cities in a way that reinforces the northern transatlantic economic system. However, the structure of the network is more nationally focused, and more complex, than that predicted by global cities theorizations. To account for the structure, I present a multifactoral framework featuring sociohistorical processes as well as spatiotemporal constraints. In conclusion, I explore implications for sociological analysis of a ‘new network bourgeoisie’, invested with several kinds of corporate power and exercising agency both within and beyond the boardrooms of the world's major corporations.

Suggested Citation

  • William K Carroll, 2007. "Global Cities in the Global Corporate Network," Environment and Planning A, , vol. 39(10), pages 2297-2323, October.
    • Handle: RePEc:sae:envira:v:39:y:2007:i:10:p:2297-2323
    DOI: 10.1068/a38372
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    References listed on IDEAS

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    1. Windolf, Paul, 2002. "Corporate Networks in Europe and the United States," OUP Catalogue, Oxford University Press, number 9780199256976.
    2. Scott, John, 1997. "Corporate Business and Capitalist Classes," OUP Catalogue, Oxford University Press, number 9780198280767.
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    Cited by:

    1. Tom Baker & Kristian Ruming, 2015. "Making ‘Global Sydney’: Spatial Imaginaries, Worlding and Strategic Plans," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 39(1), pages 62-78, January.
    2. Arthur S. Alderson & Jason Beckfield, 2011. "Corporate Networks of World Cities," Chapters, in: Ben Derudder & Michael Hoyler & Peter J. Taylor & Frank Witlox (ed.), International Handbook of Globalization and World Cities, chapter 12, Edward Elgar Publishing.
    3. Brancaccio, Emiliano & Giammetti, Raffaele & Lopreite, Milena & Puliga, Michelangelo, 2019. "Monetary policy, crisis and capital centralization in corporate ownership and control networks: A B-Var analysis," Structural Change and Economic Dynamics, Elsevier, vol. 51(C), pages 55-66.
    4. Carroll, William K. & Sapinski, Jean Philippe, 2017. "Corporate elites and intercorporate networks," SocArXiv 43w7s, Center for Open Science.
    5. Ronald Wall & Bert van der Knaap, 2011. "Centrality, Hierarchy and Heterarchy of Worldwide Corporate Networks," Chapters, in: Ben Derudder & Michael Hoyler & Peter J. Taylor & Frank Witlox (ed.), International Handbook of Globalization and World Cities, chapter 19, Edward Elgar Publishing.
    6. David Mautin Oke & Koye Gerry Bokana & Olatunji Abdul Shobande, 2017. "Some Correlates Of Rural-Urban Led Urbanization In Lagos, Nigeria," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 29(3), pages 185-195, November.
    7. R.S. (Ronald) Wall, 2009. "The Relative Importance Of Randstad Cities Within Comparative Worldwide Corporate Networks," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 100(2), pages 250-259, April.

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