A weighted director network analysis of the big four banks on the Johannesburg Stock Exchange

South African Journal of Business Management

 
 
Field Value
 
Title A weighted director network analysis of the big four banks on the Johannesburg Stock Exchange
 
Creator Senekal, Burgert A. Stemmet, Karlien
 
Subject business management; finance Complex networks; company director networks; banking industry; Johannesburg Stock Exchange
Description Background: Company director networks have been studied for many countries, including South Africa, from the perspective of network theory. However, most studies of company director networks focus on the overall structure of the network, that is, by conducting a macro-level analysis.Aim: In this study, we conducted a node-level analysis to investigate whether the four major South African banks, namely, Barclays Africa Group Ltd (now ABSA Group Limited), Nedbank Group Ltd, Standard Bank Group Ltd and FirstRand Ltd, occupy central roles in the company director network on the Johannesburg Stock Exchange (JSE).Setting: Social networks provide a vital source of information and are therefore an important field of study in business.Methods: We use degree-, betweenness- and closeness centrality, as well as strength, and a force-directed layout to investigate whether these four banks occupy key positions in the company director network on the JSE.Results: We show that these four banks occupy central roles on the JSE. The direct connections of these companies are also identified, and findings are compared to some overseas studies.Conclusion: This study concludes that the said four major banks occupy key positions on the JSE.
 
Publisher AOSIS
 
Contributor
Date 2019-03-11
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format text/html application/epub+zip application/xml application/pdf
Identifier 10.4102/sajbm.v50i1.386
 
Source South African Journal of Business Management; Vol 50, No 1 (2019); 10 pages 2078-5976 2078-5585
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajbm.org/index.php/sajbm/article/view/386/1301 https://sajbm.org/index.php/sajbm/article/view/386/1300 https://sajbm.org/index.php/sajbm/article/view/386/1302 https://sajbm.org/index.php/sajbm/article/view/386/1299
 
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Rights Copyright (c) 2019 Burgert A. Senekal, Karlien Stemmet https://creativecommons.org/licenses/by/4.0
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