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  • Paper: Corporate board ‘interlocks’ lead to managerial entrenchment

    Photo of U. of I. labor professor Richard Benton

    The Rolodexes of the business elite help account for the surprising resilience of managerial control of publicly held corporations, leading to an entrenched management structure that comes at the expense of shareholder value, says research from U. of I. labor professor Richard Benton.

    Photo by L. Brian Stauffer

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  • Editor’s notes: To contact Richard Benton, call 217-265-5121; email rabenton@illinois.edu.

    The paper “Corporate Governance and Nested Authority: The Effects of Network Selection and Assimilation on the Balance of Power in American Corporations” is available from the News Bureau.