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Structure of control in financial networks: An application to the Brazilian stock market

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  • Abreu, Mariana Piaia
  • Grassi, Rosanna
  • Del-Vecchio, Renata R.

Abstract

The aim of this work is to detect how the Brazilian financial ownership is distributed and who are the owners of control. By using ownership relations between the firms listed in the Brazilian stock market, ownership and control networks are constructed. Indirect ownership and control are also obtained. Suitable centrality measures and the assortativity coefficient allow to assess the structure of the connections between nodes, by discovering the hidden patterns of control in the Brazilian market.

Suggested Citation

  • Abreu, Mariana Piaia & Grassi, Rosanna & Del-Vecchio, Renata R., 2019. "Structure of control in financial networks: An application to the Brazilian stock market," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 522(C), pages 302-314.
    • Handle: RePEc:eee:phsmap:v:522:y:2019:i:c:p:302-314
    DOI: 10.1016/j.physa.2019.01.084
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    2. Jaime F. Lavin & Mauricio A. Valle & Nicolás S. Magner, 2019. "Modeling Overlapped Mutual Funds’ Portfolios: A Bipartite Network Approach," Complexity, Hindawi, vol. 2019, pages 1-20, July.

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