Abstract

Interlocking directorates enable exchange of information and resources between two or more firms that are linked by a director who participates in their boards. The relationships of multiple firms linked by interlocking directors are among classic network studies in organizational science. The aim of this paper is to verify empirically if the small world phenomenon is present in the interlocking directorates network of small and medium size companies that were listed on the Polish alternative investment market of the Warsaw Stock Exchange - New Connect. The unique study field of the research presented enables the development of theory on the crossroads of institutional, network and entrepreneurship theories.

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