The small world of Canadian capital markets: Statistical mechanics of investment bank syndicate networks, 1952-1989

Canadian Journal of Administrative Sciences

Volumn 21, Issue 4, 2004, Pages 307-325

  Baum, Joel A C ^a,b   Rowley, Timothy J ^a   Shipilov, Andrew V ^a  

^a UNIVERSITY OF TORONTO   (Canada)

^b UNIVERSITY OF TORONTO   (Canada)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 18144416968     PISSN: 08250383     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1936-4490.2004.tb00347.x     Document Type: Article

References (37)

1. Adamic, L.A. (1999). The small world web. Proceedings of the ECDL'99 Conference (pp. 443-452). Berlin: Springer.
2. Albert, R. & Barabási, A.-L. (2002). Statistical mechanics of complex networks. Reviews of Modern Physics, 74, 47-97.
3. Albert, R., Jeong, H., & Barabási, A.-L. (1999). Diameter of the world-wide web. Nature, 401, 130-131.
4. Albert, R., Jeong, H., & Barabási, A.-L. (2000). Error and attack tolerance of complex networks. Nature, 406, 378-382.
5. Barabási, A.-L. & Albert, R. (1999). Emergence of scaling in random networks. Science, 286, 509-512.
6. Baum, J.A.C., Shipilov, A.V., & Rowley, T.J. (2003). Where do small worlds come from? Industrial and Corporate Change, 12, 697-725.
7. Borgatti, S., Everett, M., & Freeman, L. (1999). UCINET 5.0 for Windows: Software for social network analysis [computer program]. Natick, MA: Analytic Technologies.
8. Burt, R.S. (1992). Structural holes: The social structure of competition. Cambridge, MA: Harvard University Press.
9. Chung, S.A., Singh, H., & Lee, K. (2000). Complementarity, status similarity and social capital as drivers of alliance formation. Strategic Management Journal, 21, 1-22.
10. Cohen, R., Erez, K., ben-Avraham, D., & Havlin, S. (2000). Resilience of the Internet to random breakdowns. Physics Review Letters, 85, 4626-4628.
11. Davis, G.F. & Mizruchi, M.S. (1999). The money center cannot hold: Commercial banks in the U.S. system of corporate governance. Administrative Science Quarterly, 44, 215-239.
12. Davis, G.F., Yoo M., & Baker, W.E. (2003). The small world of the corporate elite, 1982-2001. Strategic Organization, 1, 301-326.
13. Faloutsos, M., Faloutsos, P., & Faloutsos, C. (1999). On power-law relationships of the internet topology. Computer Communication Review, 29, 251-262.
14. Granovetter, M. (1973). The strength of weak ties. American Journal of Sociology, 78, 1360-1380.
15. Gulati, R. (1995). Social structure and alliance formation patterns: A longitudinal analysis. Administrative Science Quarterly, 40, 619-652.
16. Gulati, M. & Gargiulo, M. (1999). Where do interorganizational networks come from? American Journal of Sociology, 104, 1439-1494.
17. Jeong, H., Mason, S.P., Barabási, A.L., & Oltvai, Z.N. (2001). Lethality and centrality in protein networks. Nature, 411, 41-42.
18. Jeong, H., Tombor, B., Albert, R., Oltvai, Z.N., & Barabási, A.L. (2000). The large-scale organization of metabolic networks. Nature, 407, 651-654.
19. Kogut, B. & Walker, G. (2001). The small world of Germany and the durability of national networks. American Sociological Review, 66, 317-335.
20. Li, S.X. & Rowley, T.J. (2002). Inertia and evaluation mechanisms in interorganizational partner selection: Syndicate formation among U.S. investment banks. Academy of Management Journal, 45, 1104-1119.
21. Madhavan, R., Koka, B.R., & Prescott, J.E. (1998). Networks in transition: How industry events (re)shape interfirm relationships. Strategic Management Journal, 19, 439-459.
22. Milgram, S. (1967). The small-world problem. Psychology Today, 2, 60-67.
23. Newman, M.E.J. (2001). The structure of scientific collaboration network. Proceedings of the National Academy of Science, 98, 404-409.
24. Podolny, J.M. (1993). A status-based model of market competition. American Journal of Sociology, 98, 829-872.
25. Podolny, J.M. (1994). Market uncertainty and the social character of economic exchange. Administrative Science Quarterly, 39, 458-470.
26. Powell, W.W., White, D.R., Koput, K.W., & Owen-Smith, J. (2004). Network dynamics and field evolution: The growth of interorganizational collaboration in the life sciences. American Journal of Sociology, in press.
27. Rowley, T.J., & Baum, J.A.C. (2002). The dynamics of network moves and network strategies. Paper presented at the Academy of Management, Denver, CO, August.
28. Rowley, T.J., Baum, J.A.C., Shipilov, A.V., Greve, H. R., & Rao, H. (2004). Competing in Groups. Managerial and Decision Economics, 25, 453-471.
29. Rowley, T.J., Greve, H.R., Rao, H., Baum, J.A.C., & Shipilov, A.V. (2005). Time to break up: Social and instrumental antecedents of firm exits from exchange cliques. Academy of Management Journal, in press.
30. Simon, H.A. (1955). On a class of skew distribution functions. Biometrika, 42, 425-440.
31. Smelser, N.J. & Swedberg, R.. (1994). Handbook of Economic Sociology. Princeton, NJ: Princeton University Press.
32. TSE Review. Toronto: Toronto Stock Exchange (various years).
33. Uzzi, B., Spiro, J., & Delis, D. (2002). Emergence: The origin and emergence of career networks in the Broadway musical industry, 1877-1995. Kellogg School of Management Working Paper, Northwestern University.
34. Wagner A. & Fell, D. (2000). The small world inside large metabolic networks. Santa Fe Institute Working Paper 00-07-041.
35. Wasserman, S. & Faust, K. (1994). Social network analysis. Cambridge, UK: Cambridge University Press.
36. Watts, D.J. (1999). Networks, dynamics, and the small-world phenomenon. American Journal of Sociology, 105, 493-528.
37. Watts, D.J. & Strogatz, S.H. (1998). Collective dynamics of 'small-world' networks. Nature, 393, 440-442.