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单词 interlocking directorate
释义

interlocking directorate

Definition
Membership on the boards of directors of two or more firms by the same individual. It is normally legal except where the firms are mutual competitors, but is usually considered undesirable because it allows firms to exchange non-public (privileged) information and, therefore, may hinder fair competition.
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更新时间:2025/2/2 12:40:02