Interlocking directorates refers to the linkage between corporations that results when an individual serves on the board of directors of two companies.

Question

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Interlocking directorates occur when an individual serves on the board of directors of two or more corporations. This can create close connections between companies, which can have both positive and negative effects on competition and corporate decision-making.

Interlocking Directorates Refers to the Linkage Between Corporations That Results