“That is OK, he is a good fellow”: introducing the outcomes dichotomy for corporate networks of interlocking directorates
Firms create a formal mechanism of governance to avoid agency problems: the board of directors. At the same time, unintended informal networks emerge from those efforts that build corporate ties among firms through shared directors called interlocking directorates (IDs). These corporate networks act...
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| Format: | Article |
| Language: | English |
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Universidad de Concepción
2019-07-01
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| Series: | RAN |
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| Online Access: | http://ran.udec.cl/ojs/index.php/ran/article/view/117/146 |