The cross-appointment of directors interlocks boards of major corporations with one another.

Name: The cross-appointment of directors interlocks boards of major corporations with one another.
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Cross-appointment of directors refers to the practice of having directors from one company serving on the board of directors of another company. This creates interlocking directorates between the two companies, and is a common practice among major corporations.

The Cross-Appointment of Directors Interlocks Boards of Major Corporations with One