interlocking directorates

In a large Western corporation, this would probably be called a problem of interlocking directorates.

Another section prohibits interlocking directorates between banks and securities firms.

Through interlocking directorates it was not uncommon to see various corporate boards share members among each other.

The web of interlocking directorates can produce some odd situations, particularly when one company totally dominates another company's board.

The Bryanite demand to prohibit interlocking directorates did not pass.

Along with helping unions, the Clayton Act forbids interlocking directorates.

Interlocking directorates are associated with higher CEO compensation.

A conglomerate with interlocking directorates, involved in every major industry, controlling trillions of dollars and directing millions of people.

The mergers were facilitated by changes in corporate law which no longer separated various types of businesses previously limited from interlocking directorates and anti-trust concerns.

An Analysis, Critique, and Assessment of Research on Interlocking Directorates".

Domhoff, G. William (August, 2005); Interlocking Directorates in the Corporate Community.

In essence, the amendment lessened the prohibition against interlocking directorates dictated by the Clayton Act originally scheduled to go into effect on Oct. 15th, 1916.

In talks with Japan on removing trade barriers, one aim of Mrs. Hills is a Japanese commitment to stronger antitrust enforcement to try to break up interlocking directorates.

In addition, through a complicated arrangement of trusts, proxy rights and interlocking directorates, he had control of a further massive block of twenty per cent of the company's voting rights.

Far more than just an insurance company, Allianz is at the center of a web of cross-holdings and interlocking directorates that have made German industry a seemingly impenetrable fortress for decades.

Members of these groups, lead by the superclass elite, come together to form the interlocking directorates that manage political and economic policy-making, as well as institutional hierarchies that help maintain the class empire.

Later on, during the Nuremberg War Criminal Trials, interlocking directorates expressing political, financial and governmental direction were discussed and are precisely what existed at the Kaiser Wilhelm Society.

A company may be 'related to other corporations, banks, financial institutions, and family owners via complex patterns of shareholdings, interlocking directorates, and kinship networks' which must be investigated before applying a control classification.

In the United States, the Clayton Act prohibits interlocking directorates by U.S. companies competing in the same industry, if those corporations would violate antitrust laws if combined into a single corporation.

"Interlocking directorates" are "the device whereby three great banks in New York, with two trust companies under their control, manage the financial affairs and direct the policies of a hundred and twelve key corporations of America.

Morgan hoped to dominate transatlantic shipping through interlocking directorates and contractual arrangements with the railroads, but that proved impossible because of the nature of sea transport, American antitrust legislation, and an agreement with the British government.

Hitachi, Nissan and Unisia Jecs are all part of the battered Fuyo group, or keiretsu, bound together by cross-shareholdings, interlocking directorates and crucial business links that give them a relationship regarded as familial.

In between these extremes is a wide spectrum of linkages, such as interlocking directorates; common membership in trade associations, government advisory bodies, and public affairs groups; and personal connections of officials through clubs and other social bases of contact'.

Indeed, from May 1912 through January 1913 the Pujo Committee, a subcommittee of the House Committee on Banking and Currency, held investigative hearings on the alleged Money Trust and its interlocking directorates.

Courts applied the Act without consistent economic analysis until 1914, when it was complemented by the Clayton Act which specifically prohibited exclusive dealing agreements, particularly tying agreements and interlocking directorates, and mergers achieved by purchasing stock.