Former government officials as outside directors: The role of human and social capital

Richard H. Lester, Amy Hillman, Asghar Zardkoohi, Albert A. Cannella

Research output: Contribution to journalArticle

156 Scopus citations

Abstract

The resources that individual directors bring to corporate boards are largely a function of their human and social capital. Although research has explored the value of having former federal government officials join boards, we study factors that make one particular former government official more, or less, attractive as a director than another. Specifically, we explore the depth, breadth, and deterioration of former government officials' human and social capital and find that these dimensions of human and social capital are influential predictors of corporate outside directorships.

Original languageEnglish (US)
Pages (from-to)999-1013
Number of pages15
JournalAcademy of Management Journal
Volume51
Issue number5
DOIs
StatePublished - Oct 2008

ASJC Scopus subject areas

  • Business and International Management
  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management of Technology and Innovation

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