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Article: Interlocking Directorates between Banks and Industrial Companies in Hungary at the Beginning of the Twentieth Century.
- Article from:
- Business History
- Article date:
- January 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Frank Cass & Company Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The extent and impact of the interlocking of the boards of banks and industrial companies in central Europe has been a subject of debate and controversy for generations. The first comprehensive research on interlocking directorates was carried out at the turn of the century by Otto Jeidels [1] and Paul Wallich, [2] who analysed exhaustively the particular forms of relations between German banks and industrial companies. Their seminal study was followed by Jacob Riesser's [3] work, and then the inter-war studies of Wilhelm Hagemann. [4] These writers considered interlocking as a major means of establishing long-term relationships between industrial companies and universal ...
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