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Problem
Interlocking corporate directorates
Other Names:
Interlocking boards of directors
Overlapping company governance
Incidence:
63% of all outside directors of the Fortune list of 1,000 largest American companies are chief executives of other companies.
Broader Problems:
Confusing interlinked companies
Aggravates:
Oligopolies
Undemocratic policy-making
Anti-trust corporate behaviour
Inadequate corporate governance
Elitist control of global economy
Monopoly of the economy by corporations
Abdication of control by company directors
Manipulation of transfer prices by transnational corporations
Undisclosed control of national economies by limited number of individuals
Values:
Uncorporate
Web Page(s):
Corporate power, influence, money and interlocking boards of directors page
The Rule
Subject(s):
Commerce
→
Business enterprises
??
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems
Date of last update
25.06.2005 – 00:00 CEST