| Such companies developed elected directorates to enforce their rules, deal with disputes amongst their members, and negotiate with outsiders. |
| Though legal, such interlocking directorates are not exactly good corporate governance. |
| Three new directorates have been established at the Ministry of Transport and Communications. |
| Corporate networks are formed when the directors of some corporations sit on the boards of others, creating interlocking directorates. |
| The extensive research on interlocking directorates provides insight into the power dynamic associated with outside board membership. |
| Most think that acquisition behavior diffuses through the network of interlocking directorates. |
