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The network of global corporate control: implications for public policy

Published online by Cambridge University Press:  20 January 2017

Hugh Compston
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Abstract

To what extent do transnational companies (TNCs) have the capacity to influence public policy? This article uses the results of a major new study of TNC ownership to shed light on this issue. It is found that TNC ownership and control is extremely concentrated and that there is an inner core of firms with strong co-ownership links that is overrepresented in the membership of major business organizations. It is concluded that these factors enhance the potential for TNCs in general, and core TNCs in particular, to influence public policy.

Type
Research Article
Information
Business and Politics , Volume 15 , Issue 3 , October 2013 , pp. 357 - 379
Copyright
Copyright © V.K. Aggarwal 2013 and published under exclusive license to Cambridge University Press 

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