There have been derivative suits alleging illegal interlocking directorates
and Section 8 of the Clayton Act
According to Pfeffer (1987), interlocking directorates
are the most appropriate and least costly form of inter-organizational coordination when the ownership of the industry is legally prohibited or impossible owing to resource constraints.
Second, we discuss each of the separate forms of interorganizational relationships, including joint ventures, network structures, consortia, alliances, trade associations, and interlocking directorates
The main thesis of this research note is that in societies where business groups are the distinctive unit organizing the economy - in contrast to those where the firm is the key economic actor - the interlocking directorate
is one of the means employed to control and coordinate firms in the groups.
In a seminal work regarding the formation and history of Scottish capital, Scott and Hughes (1980) provide evidence that kinship ties were a means of a sustained continuity of control over firms through a network of interlocking directorates
Given the likelihood that interlocking directorates
are conduits for the spread of norms and managerial innovations (e.
A primary source of evidence used to support the argument that commercial banks are pivotal in the social organization of the business community has been the repeated finding of bank centrality in networks of interlocking directorates
HSR filing analyses, and determinations of which interlocking directorates
may violate Section 8 of the Clayton Act, are highly technical.
Cooptive corporate actor networks: a reconsideration of interlocking directorates
involving American manufacturing.
national business communities such as Canada's persist, held together by a range of factors, including the need to exercise hegemony locally and to access the business scan that interlocking directorates