The Front and the Back Stage of Power: Formal and Informal Social Capital among Business Elites in the Three Largest Swiss Cities, 1890–2000
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Serval ID
serval:BIB_D8E0E004C8DE
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
The Front and the Back Stage of Power: Formal and Informal Social Capital among Business Elites in the Three Largest Swiss Cities, 1890–2000
Journal
Sociology
Publication state
Published
Issued date
2024
Peer-reviewed
Oui
Language
english
Abstract
In the resurgence of elite sociology, formal (organizational-based network resources) and informal (non-organizational relations) social capital have garnered attention, but their mutual dynamics remain underexplored. This study addresses this gap, examining how both forms intersect among urban business elites, focusing on their roles on corporate boards, perceived as a front stage of power, and their places of residence, representing a back stage. Using multiple correspondence analysis, and thanks to social network analysis and geographic information systems, we examine the evolution of business elites (n=2164) in Basel, Geneva, and Zurich along the 20th century. Our findings identify two dominant elite fractions: the ‘heirs’ and the ‘established’. The heirs’ power is concentrated within a clearly defined spatial context especially through informal social capital, while the established derive their power from extensive possession of formal social capital. The varying presence of these two groups mirrors developments of Swiss capitalism in the 20th century.
Keywords
business, city, elite, power, social capital, Switzerland
Open Access
Yes
Create date
22/07/2024 16:32
Last modification date
21/09/2024 7:09