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Corporate Governance and the Corporate Network of Directorship Interlocks

MAO Cheng-lin,REN Bing(1.Finance Department,Nankai University,Tianjin,300071;2.Management Department of Nankai Business School,Nankai University,Tianjin,300071)  
From a social embeddedness perspective,this paper analyzes the potential influence of interlocking directorates and corporate network of directorship interlocks on corporate governance and corporate performance.The corporate interlock network exerts its influence mainly by three functioning mechanisms: social supervision,network rent seeking and collective interests overriding individual interests.Finally,the paper also addresses the implication of this research and future potential research directions.
【Fund】: 南开大学引进人才科研启动基金(基金号:J02022)
【CateGory Index】: F276.6
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