An interlocking directorate is
A)an illegal arrangement among businesses.
B)a geographic linkage among establishments.
C)a way that firms are linked through overlapping board memberships.
D)a government agency that produces labor statistics.
E)a trade association that regulates jigsaw puzzle production.

Question

Quizplus · Accepted Answer

An interlocking directorate is a situation where firms are linked through overlapping board memberships, meaning that one person serves on the board of directors of multiple companies. It is not an illegal arrangement, a geographic linkage, a government agency, or a trade association.

An Interlocking Directorate Is