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词汇 Interlocking directorate
分类 英语词汇 英语翻译词典
释义

Interlocking directorate

英语百科

Interlocking directorate

Network diagram showing interlocks between various U.S. corporations/institutions, and four major media/telecom corporations (circled in red).
Network diagram showing interlocks of the board members of American International Group (AIG), from 2004 with other U.S. corporations.
Network diagram showing interlocks between various U.S. corporations and institutions and the Council on Foreign Relations, in 2004

Interlocking directorate refers to the practice of members of a corporate board of directors serving on the boards of multiple corporations. A person that sits on multiple boards is known as a multiple director. Two firms have a direct interlock if a director or executive of one firm is also a director of the other, and an indirect interlock if a director of each sits on the board of a third firm. This practice, although widespread and lawful, raises questions about the quality and independence of board decisions.

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