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A network view of business systems

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  • Fatih Cavdur

    (Uludag University)

  • Soundar Kumara

    (Pennsylvania State University)

Abstract

In this paper, we present a novel business network construction approach, where the nodes of the network correspond to the names of the companies in a particular stock market index, and its links show the co-occurrence of two company names in daily news. Our approach consists of two phases, in which search for the company names in the news articles and network construction operations are performed, respectively. To increase the quality of results, each article is classified as business news or not business news before these operations, and only the articles that are classified as business news are considered for network construction. The resulting network presents a visualization of the business events and company relationships during the corresponding time period. We study both co-occurrences as well as single occurrences of company names in the articles scanned in our analysis.

Suggested Citation

  • Fatih Cavdur & Soundar Kumara, 2014. "A network view of business systems," Information Systems Frontiers, Springer, vol. 16(1), pages 153-162, March.
    • Handle: RePEc:spr:infosf:v:16:y:2014:i:1:d:10.1007_s10796-012-9354-0
    DOI: 10.1007/s10796-012-9354-0
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    References listed on IDEAS

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    3. J.-P. Onnela & K. Kaski & J. Kertész, 2004. "Clustering and information in correlation based financial networks," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 38(2), pages 353-362, March.
    4. Réka Albert & Hawoong Jeong & Albert-László Barabási, 1999. "Diameter of the World-Wide Web," Nature, Nature, vol. 401(6749), pages 130-131, September.
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    Cited by:

    1. Yi-Shan Sung & Dashun Wang & Soundar Kumara, 2018. "Uncovering the effect of dominant attributes on community topology: A case of facebook networks," Information Systems Frontiers, Springer, vol. 20(5), pages 1041-1052, October.

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