LOST IN SPACE - THE GEOGRAPHY OF CORPORATE INTERLOCKING DIRECTORATES

The article studies the causes of local and nonlocal interlocking dire ctorates among the largest U.S. industrial corporations in 1964. The a uthors hypothesize that interlocks are spatial phenomena-with spatial attributes and spatial determinants. Consistent with this hypothesis, they find that local and nonlocal interlocks have different correlates . Further, three spatial structures influence interlocking: the locati on of a corporation's headquarters vis-g-vis other corporate headquart ers and upper-class clubs, the territorial distribution of a firm's pr oduction facilities, and the spatial configuration of a corporation's ownership relations. This suggests that previous interlock research, w hich ignores spatial considerations, has been seriously misspecified.