When a board's monitoring duties have been compromised by connections or perceived loyalties to management,it is said to be:

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A captured board refers to a situation where the board's monitoring duties have been compromised by connections or perceived loyalties to management. This can occur when board members have close ties to management or feel indebted to them for personal or professional reasons, compromising their ability to act in the best interests of the company and its shareholders. Thus, a captured board can be seen as a dysfunctional or failed board, but the term "captured" specifically highlights the connection to management that has undermined the board's independence and effectiveness.

When a Board's Monitoring Duties Have Been Compromised by Connections