Small Worlds of Corporate Governance
Eelke Heemskerk contributed to various chapters in this edited volume in which 30 countries are compared on networks of corporate governance.
The financial crisis of 2008 laid bare the hidden network of relationships in corporate governance: who owes what to whom, who will stand by whom in times of crisis, what governs the provision of credit when no one seems to have credit.
The edited volume ‘The Small Worlds of Corporate Governance’ (edited by Bruce Kogut - Columbia University) maps the influence of these types of economic and social networks--communities of agents (people or firms) and the ties among them--on corporate behavior and governance.
The empirically rich studies in the book are largely concerned with mechanisms for the emergence of governance networks rather than with what determines the best outcomes. The chapters identify “structural breaks”--privatization, for example, or globalization--and assess why powerful actors across countries behaved similarly or differently in terms of network properties and corporate governance.
Eelke Heemskerk (political science) contributed to the chapters 'Structural breaks and governance networks in Europe' (With F. Ferraro, G. Schnyder, R. Corrado and N. Del Vecchio) and to the collaborative chapter ‘Is there a Global Small World of Owners and Directors?’