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The geography of Canadian interlocking directorates: how do they relate to brain circulation?
This study examines the spatiality of interlocking directorates of Canadian companies, with particular emphasis given to international interlocks. From a geographical standpoint, do these connections to foreign firms reinforce the importance of Canada's top corporate cities as 'gateways' to international business? Is there a geography associated with the interlocking to these gateway cities? Findings build on James O. Wheeler's body of research focused on corporate headquarters. This study is placed within the context of the current economic geography dialogue. Particular focus is placed on Saxenian's theory of brain circulation, wherein she argues that individuals with international experience serve as brokers linking domestic businesses with those in distant regions. A further purpose of this study then is to examine Saxenian's argument in the context of Canadian corporations. First, is there a geographical association between directors' foreign educations and where Canadian firms are interlocked to internationally? Second, the corporate performance of Canadian firms interlocked internationally will be measured against those firms that are not. It seems logical to assume that increased connections would yield more diverse and rich knowledge, which could lead to better decisions, and thus corporate performance, in today's global world. But does it? This study finds that being linked to an international company through a common director did translate into more profitability for Canadian firms. Findings also revealed a geographical link between international interlocks and a director's foreign education. However, when Canadian firms were interlocked with an international company with a director who had international education, greater profits did not necessarily result.
The geography of Canadian interlocking directorates: how do they relate to brain circulation?
This study examines the spatiality of interlocking directorates of Canadian companies, with particular emphasis given to international interlocks. From a geographical standpoint, do these connections to foreign firms reinforce the importance of Canada's top corporate cities as 'gateways' to international business? Is there a geography associated with the interlocking to these gateway cities? Findings build on James O. Wheeler's body of research focused on corporate headquarters. This study is placed within the context of the current economic geography dialogue. Particular focus is placed on Saxenian's theory of brain circulation, wherein she argues that individuals with international experience serve as brokers linking domestic businesses with those in distant regions. A further purpose of this study then is to examine Saxenian's argument in the context of Canadian corporations. First, is there a geographical association between directors' foreign educations and where Canadian firms are interlocked to internationally? Second, the corporate performance of Canadian firms interlocked internationally will be measured against those firms that are not. It seems logical to assume that increased connections would yield more diverse and rich knowledge, which could lead to better decisions, and thus corporate performance, in today's global world. But does it? This study finds that being linked to an international company through a common director did translate into more profitability for Canadian firms. Findings also revealed a geographical link between international interlocks and a director's foreign education. However, when Canadian firms were interlocked with an international company with a director who had international education, greater profits did not necessarily result.
The geography of Canadian interlocking directorates: how do they relate to brain circulation?
O'Hagan, Sean B (Autor:in) / Rice, Murray D
Urban geography ; 36
2015
Aufsatz (Zeitschrift)
Englisch
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