Abstract Based on the resource dependence theory and class hegemony theory originated from western interlocking directorates practice, we give related propositions of the effect of interlocking directorates on firm performance in China. The results show that among the propositions based on the resource dependence theory and the class hegemony theory, degree centrality, betweenness centrality and core-periphery have no significant influence on firm performance; regional convergence has a positive influence while industrial convergence has on significant influence. So the resource dependence theory is applicable in China and the interlocking directorate network based on the regional convergence is helpful for companies to obtain resource and improve performance.
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Received: 18 November 2008
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Corresponding Authors:
DUAN Hai-yan
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