Person:
Salvaj, Erica

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Salvaj

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Now showing 1 - 3 of 3
  • Publication
    Directors and syndics in corporate networks: Argentina and Italy compared (1913–1990)
    (2017) Lluch, Andrea; Rinaldi, Alberto; Salvaj, Erica; Vasta, Michelangelo; Salvaj, Erica
    This article analyses the evolution of corporate networks in Argentina and Italy from 1913 to 1990, using an interlocking directorates technique applied to six benchmark years and the largest 25 banks and 100 non-financial companies in both countries. The descriptive statistics of the companies and directors in the sample provide input for a network connectivity analysis of the two systems, integrated with historical and structural analyses. Furthermore, this article provides the first assessment of syndics – special auditors for firms – to the network analyses. Relying on a recently established analytical framework, the authors show that the Argentine and Italian corporate networks exhibit different structures and evolutions over time. This research broadens the extant analytical framework by exploring how syndics contribute to corporate networks and how the interaction of macro, meso, and micro levels affects the evolution of syndicatures in the two countries. Finally, the detailed taxonomy of syndics offers evidence of companies’ selection strategies and the historical uses of syndicature as a governance mechanism.
  • Publication
    Longitudinal Study of Interlocking Directorates in Argentina and Foreign Firms’ Integration into Local Capitalism (1923–2000)
    (Routledge, 2014) Lluch, Andrea; Salvaj, Erica
    Interlocking directorates can play important roles for the organization and performance of business, as well as for the structuring of economic power (Mizruchi 1996). We are particularly interested in the historical embeddedness of board interlocks and transformations in their significance and structure over time. This chapter focuses on the factors that fueled changes and shifts in Argentine board interlocks throughout the twentieth century. Argentina offers an interesting context because its troubled economic performance has been a puzzling case in literature concerning development economics. Its capitalist system has undergone multiple transformations over the years. Despite its ranking as a comparatively rich country in the early twentieth century, it steadily drifted farther from industrial economies, until the collapse of the economy in 2001.
  • Publication
    Corporate Networks and Business Groups in Argentina in the Early 1970s
    (01/07/2014) Lluch, Andrea; Salvaj, Erica; Barbero, María Inés; Salvaj, Erica
    This article examines the interlocking directorates’ structure of prominent Argentine business groups at the end of the import sub-stitution period (1970–72), identifying corporate relations among and between business groups and the largest companies, during a period characterised 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, through 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.