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We employ a unique dataset on members of an elite service club in Germany to investigate how elite networks affect the … findings, thus, resonate with existing theories of elite networks as rent extractive coalitions that stie economic prosperity. …
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competition. If suffrage is restricted to the elite, this will result in poor corporate control rights and more reliance on banks …
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This paper utilizes data on the presence of prominent individuals-that is, those with political (e.g., Members of Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879 - 1909 to investigate whether the appointment of well-connected...
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