NoThis paper explores the character, density and likely importance of connections between directors of a sample of 12 early-twentieth century British multinational companies. Drawing on the notion of `gentlemanly capitalism¿, a reconstruction of multiple and interlocking directorships for 1899¿1900 and 1929¿1930 indicates that a complex network existed that comprised links, respectively, to 255 and 497 companies. We explore the social, cultural and political characteristics of the directors of our sample and argue that the ways in which members of this group interacted with each other would have influenced business attitudes, facilitated transfers of knowledge and promoted interdependencies, thereby shaping commercial behaviour. We argue th...