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Interlocking Directorates of Bank’s Supervisory Board and Managing Board Members in Other Enterprises in the Postwar Period After the Enactment of the 1965 Corporations Law

In: Relationships Between Industry and Bank in Germany

Author

Listed:
  • Toshio Yamazaki

    (Ritsumeikan University)

Abstract

In Germany’s large banks, the direct and indirect interlocking directorates of members of the supervisory and managing boards on the supervisory board of other enterprises were developed again with the re-concentration of these large banks dissolved after World War II. However, the 1965 Corporations Law that regulates the number of supervisory board members states that one person might have strongly influenced personnel connection through interlocking directorates on the supervisory board. What were the changes after the enactment of this law? The system of personnel connection established during this period continued to be the basic system of interlocking directorates in postwar Germany for long. Extending the discussions in Chap. 5 , this chapter compares the conditions of interlocking directorates of three largest banks’ top management team on the supervisory board of other enterprises in the late 1960s with the conditions before the enforcement of this law. This analysis shows which enterprise was at a central position in personnel connection between bank and enterprise and its industrial sector.

Suggested Citation

  • Toshio Yamazaki, 2024. "Interlocking Directorates of Bank’s Supervisory Board and Managing Board Members in Other Enterprises in the Postwar Period After the Enactment of the 1965 Corporations Law," Springer Books, in: Relationships Between Industry and Bank in Germany, chapter 6, pages 205-240, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-4996-6_6
    DOI: 10.1007/978-981-97-4996-6_6
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