Synonyms
Glossary
- Interlocking Directorate:
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A link between two organizations that emerges when at least one person is a member of both organizations' board of directors simultaneously
- Interlocking Directorate Network:
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The cumulative set of interlocking directorates that together form a network of linkages between a set of boards of directors
- SNA:
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Social Network Analysis
Definition
Intro
Since the emergence of the modern corporation in the nineteenth century, managerial power has been in the hands of a relatively small group of people, often referred to as the business elite. Within this group, a substantial number of individuals sit on the board of directors of multiple companies. By combining multiple board positions, these individuals create “interlocking directorates” between companies. As a result, they can – potentially – coordinate management decisions, share information and practices, and enforce norms in different...
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Veen, v., Heemskerk, E.M. (2014). Interlocking Directorate Networks. In: Alhajj, R., Rokne, J. (eds) Encyclopedia of Social Network Analysis and Mining. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6170-8_274
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DOI: https://doi.org/10.1007/978-1-4614-6170-8_274
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