The MarketWatch News Department was not involved in the creation of this content. The Federal Trade Commission has approved revised jurisdictional thresholds for Section 8 of the Clayton Act, which ...
The U.S. Department of Justice Antitrust Division (DOJ) recently announced the resignation of seven directors from five companies in the latest round of DOJ challenges to interlocking directorates.
Every year as part of the update of various regulatory thresholds, including the much more closely watched HSR thresholds, the Federal Trade Commission (FTC) revises the Clayton Act Section 8 ...
Directors and officers are no strangers to governance risks, but not all risks are obvious. A great example of a hidden risk for directors is Section 8 of the Clayton Antitrust Act. Section 8 ...
The interlocking directorate is anathema to trustbusters and corporate watchdogs. It occurs when a board member or top executive of one company sits on the board of another company, accumulating undue ...
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Corporate governance encompasses the systems, principles and processes by which companies are directed and controlled. Within this framework, interlocking directorates arise when an individual sits on ...
Citations: Zajac, Edward J.. 1988. Interlocking Directorates as an Interorganizational Strategy: A Test of Critical Assumptions. Academy of Management Journal. (2)428-438.