Abstract
In the preceding chapters we considered whether, at the international level, there exists an integrated network of interlocking directorates, and we found that for the largest Western firms this is, indeed, the case. This network, however, seems to suggest a system of communication rather than a system of domination, one in which New York banks and Dutch multinationals play a significant role in cementing the national subnetworks into an international whole. Although these findings do not corroborate the predicted structure of the network derived from the theory of Bucharin, there is still a possibility that they concur with the expected structure derived from the Bucharinist-inspired theory developed by Rowthorn. According to him the (few) international interlocks are predominantly carried by American, British and Dutch multinationals (see Section 3.2).
Keywords
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 1982 Martinus Nijhoff Publishers, The Hague
About this chapter
Cite this chapter
Fennema, M. (1982). Competition and Cooperation: the role of banks. In: International Networks of Banks and Industry. Studies in Industrial Organization, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-7523-1_8
Download citation
DOI: https://doi.org/10.1007/978-94-009-7523-1_8
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-009-7525-5
Online ISBN: 978-94-009-7523-1
eBook Packages: Springer Book Archive