A Motif-Based Analysis to Reveal Local Implied Information in Cross-Shareholding Networks

Figure 2

Three types of implied relationships among industries. Gray nodes represent intermediaries linking two nonconnected industries in triads. Dotted lines depict implied relationships between two nonconnected colored nodes (coshareholder relationship between red nodes in pattern 1, coholding relationship between green nodes in pattern 2, and indirect-holding relationship between blue nodes in pattern 3).