RT Journal Article T1 Boards that make a difference in firm’s acquisitions: The role of interlocks and former politicians in Spain A1 Kopoboru Aguado, Santiago A1 Pérez-Calero, L. A1 Cuevas Rodríguez, Gloria K1 Board interlocks K1 Former politicians K1 Regulated industries K1 Acquisitions AB This study examines the influence of board interlocks and former politicians on decisions regarding acquisitions in Spain. Our research suggests that board interlocks to other firms can positively influence operations in terms of acquisition scale. Our findings also show that this relationship is positively moderated by the presence of former politicians. That is, the effects of interlocks on acquisitions are amplified further when there are former politicians on boards, which confirms their role as community influentials. In the case of Spain, and under-regulated industries, this complementary effect is maintained. However, the role played by interlocks seems to be more important than former politicians, which means that board interlocks can replace other formal methods of acquiring information (through former politicians) while attempting acquisitions. PB MDPI YR 2020 FD 2020-01 LK https://hdl.handle.net/10433/22101 UL https://hdl.handle.net/10433/22101 LA en NO Kopoboru, S.; Cuevas-Rodríguez, G.; Pérez-Calero, L. Boards that Make a Difference in Firm’s Acquisitions: The Role of Interlocks and Former Politicians in Spain. Sustainability 2020, 12, 984. https://doi.org/10.3390/su12030984 NO Artículo procedente de la investigación realizada por la solicitante con su participación en el proyecto "La apuesta del gobierno corporativo por la internacionalización de la empresa" financiado por EXTENDA y donde la solicitante era IP y el proyecto RTI2018-101038-b-100 donde formaba parte de su equipo de investigación. NO Departamento de Organización de Empresas y Marketing. Universidad Pablo de Olavide. DS RIO RD Apr 24, 2026