Functions of Interlocking Directorate After World War II: Roles of Direct Interlocking Directorate in Personnel Issues of Top Management Organs and Coordination Between Enterprises

Personnel connections through the interlocking directorate of members of top management organs such as supervisory boards and managing boards with other enterprises play important roles in obtaining, exchanging, and sharing information on various industrial departments and numerous companies. This chapter considers functions of interlocking directorate of members of top management organs on supervisory board of other enterprise after World War II in relation to roles of interlocking supervisory board member, bank’s intention in cooperative interfirm relationships, and influence of bank on industrial enterprises. Personnel issues of member of supervisory board and problems regarding coordination of interests and conflicts between bank and industrial enterprises and between industrial firms will be examined to clarify mechanism of cooperation between enterprises.