2009
DOI: 10.29173/cjs6184
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Hollowing Out Corporate Canada? Changes in the Corporate Network Since the 1990s

Abstract: The recent spate of foreign takeovers once again raises the question of whether Canada’s corporate elite is being ‘hollowed out’ in a silent surrender to foreign-based transnational firms. Using data from a study of interlocking directorates among the largest corporations in Canada and the world for the years 1996 and 2006, this paper assesses whether recent changes in the Canadian corporate network indicate a process of hollowing out or the reproduction of a domestic elite within global circuits of capital.

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Cited by 12 publications
(10 citation statements)
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“…The emphasis should be on democratizing control of economic life, from the shop floor to overall investment decision-making and budgeting. Jerome Klassen and I have an article in the next issue of the Canadian Journal of Sociology (Carroll and Klassen, 2010) that presents a detailed analysis of hollowing out and the continuity of corporate power in Canada.…”
Section: Discussionmentioning
confidence: 99%
“…The emphasis should be on democratizing control of economic life, from the shop floor to overall investment decision-making and budgeting. Jerome Klassen and I have an article in the next issue of the Canadian Journal of Sociology (Carroll and Klassen, 2010) that presents a detailed analysis of hollowing out and the continuity of corporate power in Canada.…”
Section: Discussionmentioning
confidence: 99%
“…In Canada, a research program mapping the corporate elite was inaugurated by John Porter in the 1950s (19561965) and advanced by his student Wallace Clement (1975). More recent work has used social network analysis (SNA) to situate the Canadian corporate power structure within a transnational context (Carroll 2004;Carroll and Klassen 2010;Klassen and Carroll 2014;Carroll 2016). These studies have opened a window on the social organization of Canadian capitalism in an era of globalizing capitalism, but they have not considered how carbon capital is positioned within the power structure; nor has this issue been addressed in the international literature.…”
mentioning
confidence: 99%
“…1. What is the carbon-capital elite's accumulation base (Carroll 1986, Carroll andKlassen 2010): what combination of carbonextractive companies provides a basis for the streams of profit upon which the elite's power ultimately depends? 2.…”
mentioning
confidence: 99%
“…Unsurprisingly, the influence and reach of Canadian capital and the geopolitical aggressiveness of the Canadian state in recent years has been similarly neglected in the field of international political economy more generally. Important exceptions to this include Gordon (2010a),Carroll and Klassen (2010),Klassen (2009), and Burgess (2008). 5.…”
mentioning
confidence: 99%