Interlocking Directorates, Commercial Banks, Other Financial Institutions and Non-Financial Corporations

Edita A. Tan
Additional contact information
Edita A. Tan: School of Economics, University of the Philippines Diliman

Philippine Review of Economics, 1993, vol. 30, issue 1, 1-50

Abstract: 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.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://pre.econ.upd.edu.ph/index.php/pre/article/view/136/461 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phs:prejrn:v:30:y:1993:i:1:p:1-50

Access Statistics for this article

More articles in Philippine Review of Economics from University of the Philippines School of Economics and Philippine Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by HR Rabe ().