A Social Network Analysis of The Portuguese Connection in Panama Papers

Panama Papers refers to a recent scandal of fraudulent financial transactions. This paper presents an economic network analysis of Portuguese companies and individuals with connections to offshore companies. Using Social Network Analysis techniques was possible to characterize the level of connections, the number of communities and the actors that play a central role in the network. We were able to assess the Portuguese network and identify its central actors of the network, i.e., companies with high influence in the network, in which any eventual investigation of legal compliance by Portuguese authorities should be focused on.