Connections Matter: How Who You Know Can Land You More Board Seats
The study looked at whether having connections or knowledge is more important for getting more board seats. They studied directors in New Zealand from 2000 to 2015 and found that both having experience and connections to other directors help in getting more board seats. However, having more experience makes it more likely for directors to get additional board seats. So, it's important for directors to focus on gaining more experience to increase their chances of getting more appointments.