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A Study on Network of Interlocking Directors in Listed Logistics Industry  

Kim, Nam-Su (GLE)
Publication Information
Journal of Korea Port Economic Association / v.32, no.1, 2016 , pp. 1-16 More about this Journal
Abstract
In this study, we explore the characteristics of directors' network structure and investigate the relationship among the network of board directors in the Korean logistics industry. Social network analysis reveals hidden patterns of the interlocking directors' network. We construct a directors' network index using social network analysis of the Korean logistics industry. Empirical results have showed that of the 23 companies analyzed, the network index of Korean Air is the highest. The interlocking network index of Korean Air, Hanjin and Hanjin Logistics Company is 0.4, 0.32 and 0.24 respectively. Korean Air has a strong central interlocking network that can create social power through the logistics industry. Our paper contributes to the broad literature in two ways. First, unlike the existing literature on director structure, this paper concentrates on the relationship among interlocking directors. Second, logistics firms need to be aware of the importance of networks and recognize the occurrence of power.
Keywords
Logistics Industry; Social Network Analysis; Interlocking Directors;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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