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interlocking directorates

   Also found in: Financial 0.01 sec.
interlocking directorates
pl n
(Business / Commerce) boards of directors of different companies having sufficient members in common to ensure that the companies involved are under the same control


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Interlocking directorates can be incredibly complex, with relationships open to questions due simply to appearance.
documented the interlocking directorates of the nuclear power industry.
There is a wonderful section on parish politics that shows clearly how narrow, interlocking directorates of wealthy merchants gradually acquired a virtual stranglehold over eighteenth-century civic life.
 
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