Who accumulates directorships of big business firms in Israel?: Organizational structure, social capital and human capital

This article studies which of the directors of the largest corporations in Israel were invited to sit on additional boards of directors between the years 1974 and 1988. The article compares organizational affiliations, and the human and social capital of directors who accumulate directorships with those who do not. The study uses logistic regression to discern which variables increase the likelihood of being invited on to an additional board. The findings strongly support the hypothesis that it is a combination of the structure of the national economy and human and social capital of the directors which determines who will join additional boards.