Skip to main content
SpringerLink
Log in
Book cover

The Palgrave Encyclopedia of Private Equity pp 1–3Cite as

Palgrave Macmillan

Employment Networks in Private Equity

  • 20 Accesses

Synonyms

Affiliation; Information flow; Labor market transitions; Professional experience; Work experience

Definition

An employment network is a social structure made up of sets of dyadic ties that connect individuals and organizations together through the past or current work experience of an individual. A person’s employment network is composed of all the employers for which the person has ever been an employee.

Introduction

The general importance of social networks in financial markets is well established in the academic literature (e.g., Cohen et al. 2010). Due to the relatively opaque nature of private equity markets, social networks may play a particularly important role in explaining a range of phenomena observed on these markets. Despite their likely fundamental role, social networks remain however scarcely studied. The relatively small literature has focused either on networks formed through educational ties or on networks formed through past employment experiences. This...

This is a preview of subscription content, access via your institution.

References

  • Bermiss YS, McDonald R (2018) Ideological misfit? Political affiliation and employee departure in the private-equity industry. Acad Manag J 61(6):2182–2209

    CrossRef  Google Scholar 

  • Cohen L, Frazzini A, Malloy CJ (2010) Sell side school ties. J Financ 65(4):1409–1437

    CrossRef  Google Scholar 

  • Hammer B, Pettkus S, Schweizer D, Wünsche N (2022) The more the merrier? Diversity and private equity performance. Br J Manag 33:231–265

    CrossRef  Google Scholar 

  • Rider CI (2012) How employees’ prior affiliations constrain organizational network change: A study of U.S. venture capital and private equity. Adm Sci Q 57(3):453–483

    Google Scholar 

  • Siming L (2014) Your former employees matter: Private equity firms and their financial advisors. Rev Financ 18(1):109–146

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Free University of Bozen-Bolzano, Bozen-Bolzano, Italy

    Linus Siming

Authors
  1. Linus Siming
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Linus Siming .

Editor information

Editors and Affiliations

  1. HHL Leipzig Graduate School of Managemen, Leipzig, Sachsen, Germany

    Benjamin Hammer

  2. Florida Atlantic University, Boca Raton, FL, USA

    Douglas Cumming

Rights and permissions

Reprints and Permissions

Copyright information

© 2023 The Author(s), under exclusive licence to Springer Nature Switzerland AG

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Siming, L. (2023). Employment Networks in Private Equity. In: Hammer, B., Cumming, D. (eds) The Palgrave Encyclopedia of Private Equity. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-38738-9_36-1

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-38738-9_36-1

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-38738-9

  • Online ISBN: 978-3-030-38738-9

  • eBook Packages: Springer Reference HistoryReference Module Humanities and Social Sciences

Chapter History

  1. Latest

    Employment Networks in Private Equity
    Published:
    15 August 2023

    DOI: https://doi.org/10.1007/978-3-030-38738-9_36-2

  2. Original

    Employment Networks in Private Equity
    Published:
    20 June 2023

    DOI: https://doi.org/10.1007/978-3-030-38738-9_36-1

search

Navigation