asked 176k views
3 votes
Board members being linked to more than one company is an example of

a. strategic philanthropy.
b. stakeholder commitment.
c. interlocking directorate.
d. conflict of interest.
e. an illegal activity.

asked
User FDIM
by
8.2k points

1 Answer

5 votes

Final answer:

Board members being linked to more than one company is an example of interlocking directorate.

Step-by-step explanation:

The correct answer to the question is c. interlocking directorate.

An interlocking directorate occurs when a board member serves on the board of directors of multiple companies. This can create a conflict of interest as the board member may prioritize the interests of one company over another. It can also provide opportunities for collusion or unfair practices. Interlocking directorates are regulated to prevent monopolistic behavior and ensure fair competition.

answered
User MarioDS
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.