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Centrality and investment strategies at the beginning of industrialisation in mid-nineteenth-century Catalonia

Author

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  • Marc Badia Miro
  • Yolanda Blasco
  • Sergi Lozano
  • Raimon Soler

Abstract

We apply social networks analysis to the study of an important database on investment and companies' share in the Catalonia (Spain) of the nineteenth century. In contrast with most of the existing related literature, usually addressing power relationships across administration boards, we focus on the structure of interactions among individual investors and firms. Centrality analysis uncovers interesting roles played by certain economic sectors (e.g. textile and financial). Furthermore, the diverse composition (in terms of economic activity) of communities in the network (subgroups more densely connected internally than with the rest of the network) reveals a high investment diversification, which nicely agrees with a known characteristic of traditional Catalan business strategies.

Suggested Citation

  • Marc Badia Miro & Yolanda Blasco & Sergi Lozano & Raimon Soler, 2010. "Centrality and investment strategies at the beginning of industrialisation in mid-nineteenth-century Catalonia," Business History, Taylor & Francis Journals, vol. 52(3), pages 493-515.
    • Handle: RePEc:taf:bushst:v:52:y:2010:i:3:p:493-515
    DOI: 10.1080/00076791003722017
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    Cited by:

    1. Juan Antonio Rubio Mondéjar & Josean Garrués Irurzun, 2012. "Estructura corporativa e interlocking directorates en las mayores empresas españolas, 1917-1970," FEG Working Paper Series 01/12, Faculty of Economics and Business (University of Granada).

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