Definition of Interlocking directorates

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TeachMeFinance.com - explain Interlocking directorates



Interlocking directorates

The term 'Interlocking directorates' as it applies to the area of energy can be defined as ' The holding of a significant position in management or a position on the corporate board of a utility while simultaneously holding a comparable position with another utility, or with a firm doing business with the utility'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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