Corporate networks in post-war Britain: Do finance–industry relationships matter for corporate borrowing?

The relationship between interlocking directorates and corporate finance patterns is a widely-researched aspect of the literature on national financial systems. This literature often considers the United Kingdom to be analogous to the United States, without directly investigating the nature and impact of finance–industry relationships. Based on a hand-collected data set covering eight benchmark years between 1950 and 2010, the authors start...