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Analyses of corporate interlocks have found a high degree of interconnectedness amongst large corporations. [21] [22] It has also been shown that inbound interlocks (i.e. a network link from external firms into a focal firm) have a much greater impact and importance than outbound interlocks, a finding that laid the foundation for further research on inter-organizational networks based on ...
A conflict of interest exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that a decision may be unduly influenced by other, secondary interests, and not on whether a particular individual is actually influenced by a secondary interest. A widely used definition is: "A ...
Board members should act on a fully informed basis, in good faith, with due diligence and care, and in the best interest of the company and the shareholders, taking into account the interests of stakeholders. Where board decisions may affect different shareholder groups differently, the board should treat all shareholders fairly.
Dualism in terms of politics, refers to specific political concepts that are related to the functional or structural duality of a particular political system.In some states, functional dualism is manifested through the division of power between the two main branches of government (legislative and executive).
Duty of loyalty in corporation law to describe a fiduciary's "conflicts of interest and requires fiduciaries to put the corporation's interests ahead of their own." [3] "Corporate fiduciaries breach their duty of loyalty when they divert corporate assets, opportunities, or information for personal gain."
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Lobbying depends on cultivating personal relationships over many years. Photo: Lobbyist Tony Podesta (left) with former Senator Kay Hagan (center) and her husband.. Generally, lobbyists focus on trying to persuade decision-makers: Congress, executive branch agencies such as the Treasury Department and the Securities and Exchange Commission, [16] the Supreme Court, [17] and state governments ...