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cluster status and centrality. ‘Resources’, ‘local’ and ‘ventures’ bridge these two clusters. Geographic scope In IB, geography matters. Since its inception, the field has derived legitimacy through the observed

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1950s and 1960s, folk culture brought to the stage by the community necessarily became a part of political representation as the political power sought to reinforce its own legitimacy by embedding the visually characteristic elements of folk culture in

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a cooperative mechanism to extract resources vital to company performance, and that boards are to serve a boundary spanning role, enhancing organisational legitimacy ( Zahra – Pearce 1989 ). According to Lipton and Lorsch (1992) and Jensen (1993

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