Usually power is flowing the other way there though. Those people are on those boards so that they can influence government, rather than the other way around. I'm not sure if that's better or worse, though.
The gov influences companies through economic and legal incentives (subsidies, large gov contracts, etc..). This is especially true in important industries (energy, health care, tech).
Does having a large % of ex-gov/mil/intel board members increase the likelihood of a company landing these contracts? I wouldn't be surprised, if true (for many reasons).
Re:Who Owns Huawei?
by iforgotpassword on Saturday August 10, 2019 @07:12AM
(#20661421)
It goes both ways. A favor, now you owe me.
It's soft power that results in similar outcomes. Look at Theranos's board, it's not as unique as people think when compared to other majors...