Interlocking Directorates, Commercial Banks, Other Financial Institutions and Non-Financial Corporations
The paper documents the interlocking directorates of banks with other financial and nonfinancial firms which belong to the top 1,000 corporations in the Philippines. Within the interlocked group of firms are the large conglomerates of leading families. Additionally, there is interlocking within major banks. The paper argues that interlocking is an innovation for obtaining rent or privileges that were created by policies. Interlocking facilitates the lobbying process. This possibly explains the difficulty of implementing structural reforms in the country.
Volume (Year): 30 (1993)
Issue (Month): 1 (June)
|Contact details of provider:|| Postal: |
Web page: http://www.econ.upd.edu.ph/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:phs:prejrn:v:30:y:1993:i:1:p:1-50. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Reuben T. Campos)
If references are entirely missing, you can add them using this form.