Corporate Networks and Business Groups in Argentina in the Early 1970s

LLUCH ANDREA; SALVAJ ERICA; BARBERO MARÍA INÉS

Australian Economic History Review

Wiley Publishing Asia Pty Ltd and the Economic History Society of Australia and New Zealand

Año: 2014 vol. 54 p. 183 - 208

1467-8446

This article examines the interlocking directorates? structure of prominent Argentine business groups at the end of the import substitution period (1970?72), identifying corporate relations among business groups and between these groups and the largest companies, during a period characterized by high institutional and macroeconomic instability. Applying social network analysis, it seeks to clarify how business groups can contribute to the cohesion of a corporate network structure, because of their ability to create links among firms not only within their boundaries but also external to them. The article contributes to both corporate network and business groups? literature, highlighting a role of business groups that extant literature has failed to identify as relevant.