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Sanjay Nayar, CSS PhD student,

will be speaker at the Computational Social Science Research Colloquium /Colloquium in Computational and Data Sciences Friday, November 30, 2018. Sanjay’s talk entitled “Interlocking Directorates Analysis: Evidence from India BSE-100″ will begin at 3:00 in the Center for Social Complexity Suite located on the 3rd floor of Research Hall. The talk will be followed by a Q&A session along with light refreshments.

This session will be live-streamed on the YouTube channel: https://www.youtube.com/channel/UC7YCR-pBTZ_9865orDNVHNA

For announcements regarding this and future streams, please join the CSS/CDS student and alumni Facebook group: https://www.facebook.com/groups/257383120973297/

For a list of upcoming and previous seminars, please visit: https://cos.gmu.edu/cds/calendar/

We hope to see you on Friday, November 30, 2018 at 3PM.

Abstract:

Interlocked directorates among companies are common across the world and have been studied quite extensively in the Western World. This study focuses on interlocking directorates, also referred to as inter-organizational elite cooptation (Allen, 1974), among the top 100 publicly traded companies on the Bombay Stock Exchange (BSE-100) in India. The time period analyzed is between 2006 and 2010, the years spanning the recent great recession. While De (2012) looked at the performance effects of interlocking directorates within Indian business groups irrespective of their membership in BSE-100, it did not address in the analysis the key players, cliques, etc., the evolution of the interlocking over time, or any comparisons with the United States. This broad exploratory study is the first to look at the BSE-100 interlocking directorates’ network to see how it has or has not been dominated by a select group of individuals, companies or sectors during 2006-2010, along with the companies’ performances in the longer-term, given their position in the network. Some comparisons are also made with the US market using information available in published papers (Everard, 2002). This study also serves a secondary purpose of being an introduction to the interconnections between some of the biggest players in the Indian Economy/Stock Market and thus would also be of interest to those studying business in India.