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1. Interlocking directorates. In an interlocking directorate, members of the board of directors of one firm also sit on the board of directors of other

1. Interlocking directorates. In an interlocking directorate, members of the board of directors of one firm also sit on the board of directors of other firms. How would interlocking directorates be viewed by the shareholder wealth maximization model compared to the stakeholder capitalism model?

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