Interlocking directorates refers to a situation where
A)a director of one firm is also a board member of a competing firm.
B)members of the board of directors of a firm could not agree on a clear strategy for the firm.
C)competing firms have separate and different members in their boards.
D)a company's board splits into two rival camps locked in constant struggle.

Question

Quizplus · Accepted Answer

Interlocking directorates occur when a director of one firm serves on the board of a competing firm, creating potential conflicts of interest and reducing competition.

Interlocking Directorates Refers to a Situation Where