interlocking directorates


Also found in: Legal, Financial, Wikipedia.

interlocking directorates

pl n
(Commerce) boards of directors of different companies having sufficient members in common to ensure that the companies involved are under the same control
References in periodicals archive ?
The FTC also announced the revised dollar thresholds applicable to the size criteria applied under Section 8 of the Clayton Act, governing the legality of interlocking directorates.
Interlocking directorates, firm strategies and performance in Hong Kong: towards a research agenda.
Interlocking directorates can facilitate collusion or abuse of market power by serving as a means by which market-sensitive information can be shared between or among competing enterprises.
Interlocking Directorates and Section 8 of the Clayton Act
national business communities such as Canada's persist, held together by a range of factors, including the need to exercise hegemony locally and to access the business scan that interlocking directorates enable.
Schoorman, 1983, "A Limited Rationality Model of Interlocking Directorates," Academy of Management and Review 8, 206-217.
Specific family business topics explored include: (1) governance and long-term orientation, (2) interlocking directorates, (3) social responsibility, (4) corporate entrepreneurship, (5) perceptions of justice, and (6) altruism and agency.
These contacts can be formal alliances, cooperatives, interlocking directorates, intergovernmental relationships, supplier/customer relationships, and joint ventures or they can be more informal, from chance meetings or relationships based on mutual goals that are not legally binding.
While the former analyzes the structures of capital networks and interlocking directorates between the economies' largest enterprises, the latter focuses on the view of networks as systems of interpersonal relations between the most important economic leaders.
One result of these features is the pervasiveness of interlocking directorates between corporations and the government in emerging economies.
Networks of interlocking directorates are one of the principal concerns of corporate power structure research.