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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/48892

Title: Patterns of Web Linking to Heterogeneous Groups of Companies: The Case of Stock Exchange Indexes
Authors: Romero-Frías, Esteban
Vaughan, Liwen
Issue Date: 2009
Abstract: Purpose – To extend co-link analysis to Websites of heterogeneous companies belonging to different industries and countries. To cluster companies by industries and compare results from different countries. Design/methodology/approach – Websites of 255 companies that belong to five stock exchange indexes were included in the study. Data on co-links pointing to these Websites were gathered using Yahoo!. Co-link data were analyzed using multidimensional scaling (MDS) to generate MDS maps that would position companies based on their co-link counts. Findings –Comparisons of results across different countries and economies showed the following overall pattern: companies whose businesses are information based tend for form well defined clusters while companies operating on a more traditional business model tend not to form clear groups. A comparison between EU zone and the U.S. suggests that the EU economy is not well integrated yet. Practical implications – Findings from the study suggest the possibility of using co-link analysis to distinguish the information based industries from traditional industries. Originality/value –Extended co-link analysis from a single industry to heterogeneous industries with global and complex business phenomena.
Publisher: Emerald Publishing
Keywords: Competitive intelligence
Web data mining
Co-link analysis
URI: http://hdl.handle.net/10481/48892
ISSN: 0001-253X
Citation: Romero-Frías, E.; Vaughan, L. Patterns of Web Linking to Heterogeneous Groups of Companies: The Case of Stock Exchange Indexes. Aslib Proceedings, 62(2): 144-164 (2009). [http://hdl.handle.net/10481/48892]
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