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.

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 ...

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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

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 ...

Interlocking directorates — the practice of the same director sitting on the boards of competing companies — have long been identified with backroom deals and corporate collusion. In 1914, when ...

Citations: Zajac, Edward J.. 1988. Interlocking Directorates as an Interorganizational Strategy: A Test of Critical Assumptions. Academy of Management Journal. (2)428-438.