Emerging Sino–European corporate elite networks

Nana de Graaff*, Diliara Valeeva

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Chinese investments into Europe have been growing prodigiously in the past decade and are increasingly the subject of controversy. However, while a lot of empirical data and analysis are available on the flows and stocks of these investments, we still know very little about the loci of corporate power and control behind them. This article focuses on a domain where substantive power of decision making and control regarding these investments lies: corporate boards. The key aim is to assess how Chinese boards are relating to the existing European corporate elite networks by analysing the extent and nature of Sino–European corporate board interlocking by China's largest firms as a particular networking mode. Based on business listings and databases, and applying social network analysis in combination with qualitative analysis, the article highlights the contours of an emerging Sino–European corporate elite, revealing under-exposed areas of ongoing Sino–European collaboration whilst at the same time indicating a sphere of potential influence by Chinese business elites at the top of Europe's corporations.

Original languageEnglish
Pages (from-to)1147-1173
Number of pages27
JournalDevelopment and Change
Volume52
Issue number5
DOIs
Publication statusPublished - Sept 2021

Bibliographical note

Special Issue: The Wind from the East: China and the Economic Future of Europe.

Funding Information:
This publication is based on work with COST Action CA18215 — China in Europe Research Network (CHERN), supported by COST (European Cooperation in Science and Technology). Access to the data has been supported by the European Research Council under the European Union's Horizon 2020 research and innovation programme (grant number 638946) as part of the CORPNET research project at the University of Amsterdam. We would like to thank the editorial board of and three anonymous reviewers, as well as members of the CORPNET group, for their constructive comments on earlier versions. All remaining errors are ours. Development and Change

Publisher Copyright:
© 2021 The Authors. Development and Change published by John Wiley & Sons Ltd on behalf of International Institute of Social Studies

Copyright:
Copyright 2021 Elsevier B.V., All rights reserved.

Funding

This publication is based on work with COST Action CA18215 — China in Europe Research Network (CHERN), supported by COST (European Cooperation in Science and Technology). Access to the data has been supported by the European Research Council under the European Union's Horizon 2020 research and innovation programme (grant number 638946) as part of the CORPNET research project at the University of Amsterdam. We would like to thank the editorial board of and three anonymous reviewers, as well as members of the CORPNET group, for their constructive comments on earlier versions. All remaining errors are ours. Development and Change

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