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Firm's Network versus Board Members' Network: Who to Appoint?

Author

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  • Thomas Vallée

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • Joël Massol

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

Abstract

A crucial question at the center of corporate governance theories and of the literature on social networks alike is the sense of empower of prestige, or influence on the actors of a social network. This paper approaches the possibility of measuring this influence by detecting key individuals who support network dynamics. By means of a study conducted on a sample of CAC 40 directors, it will be shown that the most influential elements are not necessarily the best placed at the beginning. Contrary to all expectations, a dynamics of influence is based on criteria of indispensability to the network that will be presented as an example.

Suggested Citation

  • Thomas Vallée & Joël Massol, 2013. "Firm's Network versus Board Members' Network: Who to Appoint?," Working Papers hal-00829905, HAL.
  • Handle: RePEc:hal:wpaper:hal-00829905
    Note: View the original document on HAL open archive server: https://hal.science/hal-00829905
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    References listed on IDEAS

    as
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    4. Gérard Charreaux, 2003. "Le point sur... les réseaux d'administrateurs et de dirigeants," Working Papers CREGO 1030801, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
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    6. Matthew O. Jackson & Brian W. Rogers, 2007. "Meeting Strangers and Friends of Friends: How Random Are Social Networks?," American Economic Review, American Economic Association, vol. 97(3), pages 890-915, June.
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    Cited by:

    1. Ngoc M. Nguyen & Lionel Richefort & Thomas Vallée, 2020. "Endogenous formation of multiple social groups," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1368-1390, September.

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