In this paper we present a random graph model to explain the network structure of boards of directors. We investigate the conditions under which corporate boards can be said to be a "small-world". Our empirical results show that the random graph model is remarkably good at explaining board...

The paper considers board practices in the Ukraine and developed countries such as the USA, the UK, Germany and Japan. Investigation on the board practices in the Ukraine is the first ever has been conducted. As a result of investigation undertaken, major conclusions have been made. The most...