Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,296,828 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Interlocking Directorate
(redirected from Interlocking directorship)

   Also found in: Legal, Wikipedia 0.01 sec.
Interlocking directorate
Describes cross-memberships of directors on each other's company Board of Directors.

Interlocking Directorates
A situation or state in which one person is a member of the board of directors in more than one publicly-traded company. This creates the possibility of a conflict of interest; indeed, interlocking directorates are illegal when two companies are competitors.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
But then Silicon Valley's idea of corporate boards has long consisted of cosy, interlocking directorships which would be considered collusion in most other industries.
Additional criteria for qualifying as an independent director, including restrictions on interlocking directorships, further limit the availability of CEOs and others in the business community for board appointments.
end interlocking directorships at Citigroup is part of our continuing effort to assure that our corporate governance reflects best practices," Weill said at the time.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.