“…Related to the literature on the corporate elite, legitimacy, reputation and prestige are also key aspects of director interlocks, both in terms of the causes of interlock ties and how interlock subsequently shape firm behaviour and performance (Jahan et al , 2020; Knoben and Bakker, 2019). Within inter-organisational literature, many have highlighted the preference of firms to appoint prominent directors and establish ties with prestigious firms (Acharya and Pollock, 2012; Flickinger et al , 2016), this has been identified as particularly important for younger firms (Gulati and Higgins, 2003).…”