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Industrial Policy and Productive Transformation: An Optimization Approach Based on Input–Output Analysis Read chapter Read first chapter

2023 | OriginalPaper | Chapter

6. Connected Corporate Networks II: A Novel Approach to the Competition Measure

Authors : Charalampos Agiropoulos, Michalis Vafopoulos, Artemis Gourgioti, George Galanos

Published in: Interconnections in the Greek Economy

Publisher: Springer International Publishing

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Abstract

Over the last few years, the anti-trust risk of shared ownership is having a moment. Analysts and policymakers, both progressive and conservative, are sending a signal regarding the increasing concentration of shares in the hands of large institutional investors, combined with greater involvement in corporate governance. This study seeks to evaluate the existing measures of market concentration and propose a novel approach to the competition measure [smoothly] combined with the connected corporate network procedure. The proposed index is applied on several business sectors of the Greek economy. The last section of this study discusses the efficiency of the new index compared with traditional measures such as the Herfindahl–Hirschman index and the m-firm concentration ratio.

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previous chapter Connected Corporate Networks I: Definitions, Metrics and Empirical Results from the Greek Telecommunications Sector
next chapter Economic Shocks in Greece and the Effects on the Gross Value Added Per Economic Sector
Footnotes
1
For the INTERSALONIKA and MOUZENIDIS groups, this study accounts only for the turnovers of their active subsidiaries in the sector. The turnover of the MOUZENIDIS group refers to the fiscal year 2018, as no financial standings have been published for 2019.
 
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Metadata
Title
Connected Corporate Networks II: A Novel Approach to the Competition Measure
Authors
Charalampos Agiropoulos
Michalis Vafopoulos
Artemis Gourgioti
George Galanos
Copyright Year
2023
Book
Interconnections in the Greek Economy

Print ISBN: 978-3-031-31334-9

Electronic ISBN: 978-3-031-31335-6

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-3-031-31335-6_6

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