Analysis Reveals ‘Super Entity’ of Global Corporate Control

[Nordic]

http://planetsave.com/2011/08/28/who-ru ... e-control/

Who Runs the World ? – Network Analysis Reveals ‘Super Entity’ of Global Corporate Control

In the first such analysis ever conducted, Swiss economic researchers have conducted a global network analysis of the most powerful transnational corporations (TNCs). Their results have revealed a core of 787 firms with control of 80% of this network, and a “super entity” comprised of 147 corporations that have a controlling interest in 40% of the network’s TNCs.
Source: Planetsave (http://s.tt/138oe)

It goes on. This is really really interesting. There's a list of the top 50 which for some reason I'm having trouble cutting and pasting. Will try to fix later, gotta run out for a few minutes.

[barracuda]

Willow posted the list in another thread just the other day:

Crossposting I'm certain, and without the means to evaluate, but I found it interesting for initial consideration, please forgive.

The public side, does not include clandestine orgs and global mafiosos.

http://arxiv.org/abs/1107.5728

The network of global corporate control
Stefania Vitali, James B. Glattfelder, Stefano Battiston
(Submitted on 28 Jul 2011)
The structure of the control network of transnational corporations affects global market competition and financial stability. So far, only small national samples were studied and there was no appropriate methodology to assess control globally. We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic "super-entity" that raises new important issues both for researchers and policy makers.

Top 50 transnationals in super-entity group
1 BARCLAYS PLC GB 6512 SCC 4.05
2 CAPITAL GROUP COMPANIES INC, THE US 6713 IN 6.66
3 FMR CORP US 6713 IN 8.94
4 AXA FR 6712 SCC 11.21
5 STATE STREET CORPORATION US 6713 SCC 13.02
6 JP MORGAN CHASE & CO. US 6512 SCC 14.55
7 LEGAL & GENERAL GROUP PLC GB 6603 SCC 16.02
8 VANGUARD GROUP, INC., THE US 7415 IN 17.25
9 UBS AG CH 6512 SCC 18.46
10 MERRILL LYNCH & CO., INC. US 6712 SCC 19.45
11 WELLINGTON MANAGEMENT CO. L.L.P. US 6713 IN 20.33
12 DEUTSCHE BANK AG DE 6512 SCC 21.17
13 FRANKLIN RESOURCES, INC. US 6512 SCC 21.99
14 CREDIT SUISSE GROUP CH 6512 SCC 22.81
15 WALTON ENTERPRISES LLC US 2923 T&T 23.56
16 BANK OF NEWYORKMELLON CORP. US 6512 IN 24.28
17 NATIXIS FR 6512 SCC 24.98
18 GOLDMAN SACHS GROUP, INC., THE US 6712 SCC 25.64
19 T. ROWEPRICE GROUP, INC. US 6713 SCC 26.29
20 LEGG MASON, INC. US 6712 SCC 26.92
21 MORGAN STANLEY US 6712 SCC 27.56
22 MITSUBISHI UFJ FINANCIAL GROUP, INC. JP 6512 SCC 28.16
23 NORTHERN TRUST CORPORATION US 6512 SCC 28.72
24 SOCIÉTÉ GÉNÉRALE FR 6512 SCC 29.26
25 BANK OF AMERICA CORPORATION US 6512 SCC 29.79
26 LLOYDS TSB GROUPPLCGB 6512 SCC 30.30
27 INVESCOPLCGB 6523 SCC 30.82
28 ALLIANZSE DE 7415 SCC 31.32
29 TIAA US 6601 IN 32.24
30 OLD MUTUAL PUBLIC LIMITED COMPANY GB 6601 SCC 32.69
31 AVIVAPLC GB 6601 SCC 33.14
32 SCHRODERSPLC GB 6712 SCC 33.57
33 DODGE & COX US 7415 IN 34.00
34 LEHMAN BROTHERS HOLDINGS, INC. US 6712 SCC 34.43
35 SUN LIFE FINANCIAL, INC. CA 6601 SCC 34.82
36 STANDARDLIFEPLCGB 6601 SCC 35.2
37 CNCE FR 6512 SCC 35.57
38 NOMURA HOLDINGS, INC. JP 6512 SCC 35.92
39 THE DEPOSITORY TRUST COMPANY US 6512 IN 36.28
40 MASSACHUSETTS MUTUAL LIFE INSUR. US 6601 IN 36.63
41 INGGROEP N.V. NL 6603 SCC 36.96
42 BRANDES INVESTMENT PARTNERS, L.P. US 6713 IN 37.29
43 UNICREDITO ITALIANO SPA IT 6512 SCC 37.61
44 DEPOSIT INSURANCE CORPORATION OF JP JP 6511 IN 37.93
45 VERENIGING AEGON NL 6512 IN 38.25
46 BNPPARIBAS FR 6512 SCC 38.56
47 AFFILIATED MANAGERS GROUP, INC. US 6713 SCC 38.88
48 RESONA HOLDINGS, INC. JP 6512 SCC 39.18
49 CAPITAL GROUP INTERNATIONAL, INC. US 7414 IN 39.48
50 CHINA PETROCHEMICAL GROUP CO. CN 6511 T&T 39.78
Source: Planetsave (http://s.tt/138oe)

[gnosticheresy_2]

csv if anyone fancies putting this in a spreadsheet

1,BARCLAYS PLC ,GB ,6512,SCC ,4.05
2,"CAPITAL GROUP COMPANIES INC, THE ",US ,6713,IN ,6.66
3,FMR CORP ,US ,6713,IN ,8.94
4,AXA ,FR ,6712,SCC ,11.21
5,STATE STREET CORPORATION ,US ,6713,SCC ,13.02
6,JP MORGAN CHASE & CO. ,US ,6512,SCC ,14.55
7,LEGAL & GENERAL GROUP PLC ,GB ,6603,SCC ,16.02
8,"VANGUARD GROUP, INC., THE ",US ,7415,IN ,17.25
9,UBS AG ,CH ,6512,SCC ,18.46
10,"MERRILL LYNCH & CO., INC. ",US ,6712,SCC ,19.45
11,WELLINGTON MANAGEMENT CO. L.L.P. ,US ,6713,IN ,20.33
12,DEUTSCHE BANK AG ,DE ,6512,SCC ,21.17
13,"FRANKLIN RESOURCES, INC. ",US ,6512,SCC ,21.99
14,CREDIT SUISSE GROUP ,CH ,6512,SCC ,22.81
15,WALTON ENTERPRISES LLC ,US ,2923,T&T ,23.56
16,BANK OF NEWYORKMELLON CORP. ,US ,6512,IN ,24.28
17,NATIXIS ,FR ,6512,SCC ,24.98
18,"GOLDMAN SACHS GROUP, INC., THE ",US ,6712,SCC ,25.64
19,"T. ROWEPRICE GROUP, INC. ",US ,6713,SCC ,26.29
20,"LEGG MASON, INC. ",US ,6712,SCC ,26.92
21,MORGAN STANLEY ,US ,6712,SCC ,27.56
22,"MITSUBISHI UFJ FINANCIAL GROUP, INC. ",JP ,6512,SCC ,28.16
23,NORTHERN TRUST CORPORATION ,US ,6512,SCC ,28.72
24,SOCIÉTÉ GÉNÉRALE ,FR ,6512,SCC ,29.26
25,BANK OF AMERICA CORPORATION ,US ,6512,SCC ,29.79
26,LLOYDS TSB GROUPPLC,GB ,6512,SCC ,30.3
27,INVESCOPLC,GB ,6523,SCC ,30.82
28,ALLIANZSE ,DE ,7415,SCC ,31.32
29,TIAA ,US ,6601,IN ,32.24
30,OLD MUTUAL PUBLIC LIMITED COMPANY ,GB ,6601,SCC ,32.69
31,AVIVAPLC ,GB ,6601,SCC ,33.14
32,SCHRODERSPLC ,GB ,6712,SCC ,33.57
33,DODGE & COX ,US ,7415,IN ,34
34,"LEHMAN BROTHERS HOLDINGS, INC. ",US ,6712,SCC ,34.43
35,"SUN LIFE FINANCIAL, INC. ",CA ,6601,SCC ,34.82
36,STANDARDLIFEPLC,GB ,6601,SCC ,35.2
37,CNCE ,FR ,6512,SCC ,35.57
38,"NOMURA HOLDINGS, INC. ",JP ,6512,SCC ,35.92
39,THE DEPOSITORY TRUST COMPANY ,US ,6512,IN ,36.28
40,MASSACHUSETTS MUTUAL LIFE INSUR. ,US ,6601,IN ,36.63
41,INGGROEP N.V. ,NL ,6603,SCC ,36.96
42,"BRANDES INVESTMENT PARTNERS, L.P. ",US ,6713,IN ,37.29
43,UNICREDITO ITALIANO SPA ,IT ,6512,SCC ,37.61
44,DEPOSIT INSURANCE CORPORATION OF ,JP JP ,6511,IN ,37.93
45,VERENIGING AEGON ,NL ,6512,IN ,38.25
46,BNPPARIBAS ,FR ,6512,SCC ,38.56
47,"AFFILIATED MANAGERS GROUP, INC. ",US ,6713,SCC ,38.88
48,"RESONA HOLDINGS, INC. ",JP ,6512,SCC ,39.18
49,"CAPITAL GROUP INTERNATIONAL, INC. ",US ,7414,IN ,39.48
50,CHINA PETROCHEMICAL GROUP CO. ,CN ,6511,T&T ,39.78
Rank,Economic actor name,Country,NACE code,Network Cumul. Network position,"control (TM, %)"

[Nordic]

A lot of companies I've never heard of. Good fodder for some late-night research sometime.

Thanks for posting that list. I had very limited time there and for some reason was having a hell of a time with that site.

[Stephen Morgan]

Corporations are legal fictions, it's the people in charge of them who hold the power.

[Nordic]

Well, of course, but the corporation is their address.

[Searcher08]

Well well well....
The central core of the financial system is mutual ownership.
This means that systemic risk will resonate throughout the system, rather than be dampened...
The response to shocks from the environment will be to consolidate and reduce complexity by increasing the pervasiveness of technology and rules / procedure proliferation.
IMHO, from a systemic point of view, I have not seen a larger sign pointing to the introduction of a global technofascist, Roman Law society, which ironically is very poorly equipped to deal with external change...

[Wombaticus Rex]