During the fall 2018 semester, the Computational Social Science (CSS) and the Computational Sciences and Informatics (CSI) Programs have merged their seminar/colloquium series where students, faculty and guest speakers present their latest research. These seminars are free and are open to the public. This series takes place on Fridays from 3-4:30 in Center for Social Complexity Suite which is located on the third floor of Research Hall.
If you would like to join the seminar mailing list please email Karen Underwood.
Computational Social Science Research Colloquium /Colloquium in Computational and Data Sciences
CSS PhD Student
Title: Interlocking Directorates Analysis: Evidence from India BSE-100
Friday, November 30, 3:00 p.m.
Center for Social Complexity, 3rd Floor Research Hall
All are welcome to attend.
Interlocked directorates among companies are common across the world and have been studied quite extensively in the Western World. This study focuses on interlocking directorates, also referred to as inter-organizational elite cooptation (Allen, 1974), among the top 100 publicly traded companies on the Bombay Stock Exchange (BSE-100) in India. The time period analyzed is between 2006 and 2010, the years spanning the recent great recession. While De (2012) looked at the performance effects of interlocking directorates within Indian business groups irrespective of their membership in BSE-100, it did not address in the analysis the key players, cliques, etc., the evolution of the interlocking over time, or any comparisons with the United States. This broad exploratory study is the first to look at the BSE-100 interlocking directorates’ network to see how it has or has not been dominated by a select group of individuals, companies or sectors during 2006-2010, along with the companies’ performances in the longer-term, given their position in the network. Some comparisons are also made with the US market using information available in published papers (Everard, 2002). This study also serves a secondary purpose of being an introduction to the interconnections between some of the biggest players in the Indian Economy/Stock Market and thus would also be of interest to those studying business in India.