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Compensation concerns, questionable related-party transactions, affiliated or interlocking directors, or lack of responsiveness can all suggest there is not sufficient oversight, while the lack of any such issues may suggest that the board has adopted appropriate structures to avoid conflicts and provide balance.
"How can anyone — regulators, investors or anyone — understand what's in these financial statements if they have to dig 15 layers deep to find these kinds of interlocking relationships and these kinds of transactions?" said Francine McKenna, an accounting consultant who has examined the financial crisis on her blog, re: The Auditors.
Interlocking relationships permitted by statute.
From there, interlocking relationships took over.
"Interlocking grip," the fat one sneers.
6) Interlocking - 3 57 - Gracefully flowing guitar & vocals.
COMPLEX, interlocking space was Paul Rudolph's specialty.
'The interlocking, but you should use whatever feels comfortable.' I try the interlocking.
All these factors are interlocking.
Bring the fun of interlocking bricks to the cafeteria.
All these strangers interlocking arms and singing.
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CEO of Professional Science Editing for Scientists @ prosciediting.com