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Interlocking directorate |
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Interlocking directorate Describes cross-memberships of directors on each other's company Board of Directors. |
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? Mentioned in | ? References in periodicals archive | |
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Interlocking directorates can be incredibly complex, with relationships open to questions due simply to appearance. NRES, GNCP and Senior may be deemed to be affiliates due to their interlocking directorates, common stockholders and business relationships. Such an election would result in a violation of Section 8 of the Clayton Act, which prohibits interlocking directorates between competitors. |
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