interlocking directorates

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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 ?
More specifically, he explores whether the top carbon corporations are investing in renewable energy, and subsequently examines interlocking directorate relations across sectors.
Dezso (2012) has stated that the interlocking directorate refers to the practice of board of directors in corporate organisation in serving on the boards of multiple corporations that are presumed to transfer the information between boards, thus increasing information available to the interlocked firms.
The interlocking directorate. American Economic Review, 59, 314-323.
Indeed, an interlocking directorate situation, which exists today, may not at all be intended to restrict or lessen competition.
An interlocking directorate "occurs when a person affiliated
In its most basic form, an interlocking directorate occurs when a person from one organization sits on the board of directors of another company (Mizruchi, 1996).
Bennett once termed "the blob." And they benefited hugely from the emergence of a loose, interlocking directorate among them: many of the same organizations and people are engaged in the policy direction and political advancement (and funding) of them all.
* In the past three years have been part of an "interlocking directorate" in which an executive officer of the company serves on the compensation committee of another company that employs the director;
organizations won't, but [national governments and the U.N.] can finance.' As all parties to this debate well understand, the UNFPA is part of an interlocking directorate of national and international organizations devoted to abortion, contraception, and sterilization."
This distinct disconnection between the party and the PLA challenges the traditional mind-set of the "interlocking directorate of the party and the military," namely, that the party is the army, while the army is the party.
The primary advantage of participating in an interlocking directorate is the potential to engage in co-optation.