Director interlock refers to a situation that arises when an individual sits on the board of directors of two or more corporations.

Question

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Director interlock occurs when a person serves as a member of the board of directors of more than one corporation. This can create potential conflicts of interest, as the individual may prioritize the interests of one company over the others or may share confidential information between the boards.

Director Interlock Refers to a Situation That Arises When an Individual