Project:   Interlocking Directorates
Your Mission, should you decide to accept it:
Answer the questions found below as a group. 
Hand in one answer with everyone's name
 - First & last & in alphabetical order by last name
 - Include only members who are present
Indicate the date:  ________________________ 		 Indicate the name of the class:     ____________________
Indicate the name of the Project:  ___________________
Be thorough; write good answers
Use your time wisely. 
Be finished by the end of the allotted time
Project:  Interlocking Directorates

1.  List 4 of the the 7 processes of interlocking directorates.

2.  Explain whether or not you think they are important or powerful in society.

3.  Discuss 6 of the 11 qualities of how interlocking directorates effect society

4.  Explain whether or not you think they are important or powerful in society.

5.  Overall, what do you think of this 'networking' feature of global corporation?  Is it good or bad for society?  What is to be done?  


Processes of Interlocking Directorates
The structure of the corporate class is one of interlocking directorates giving unity & class consciousness in the corporate class through SEVEN processes:
1.  Owning stock in several other corporations
      Banks & insurance companies own stock in many other corporations
2.  Influencing major corporations & government
3.  Establishing economic concentration
4.  Dominating the mkt through establishing a large market share, oligopolies or oligopsonies
5.  Creating networks of directors & managers at the corporate level
6.  Magnifying the size of major corporations through interlocks
7.  Ranks are more permeable than the old upper class, allowing more networking

Effects of Interlocking Directorates
There are ELEVEN major effects of interlocking directorates
The effects of interlocking directorates are to:
1. reduce competition & generally increase cooperation
2. increases econ concentration
3. represent outside influences
4. share info:  the business or envl scan:  SWOT
5. provide unity ( like other networking devices )
6. provide "coordination" in the economy
7. provide unity in corp dealings w/ govt
8. increases influence over govt
9. secure good relations w/ sources of capital
10.  maintain or create mkt relations w/ other firms
11.  provide another means ( in addition to stock control and credit ) for board influence ( used extensively by banks )

The End