ABSTRACT
New Zealand has been described as a mixed economy. The general meeting of the shareholders (AGM), like the Australian AGM, elects the directors of public corporations either at a general meeting or through a ballot or poll. The corporate centrality results over the period 1966 to 2004 show that there has been no one continuous New Zealand company acting as a central interlocker, 'leader' or 'innovator' spanning the whole 38-year period. The closest to this has been the reformed back to basics industrial, Fletcher Building, which temporarily disappeared in the 1980s when it was busy moving off shore to Canada and Chile among other countries. Financial capital had few multiple interlocks for there were few finance capital companies in the top 30 companies in 1966, apart from South British Insurance. Possible reasons for this could include that some large companies had their own finance company and that in 1966 New Zealand banks did not employ a hands-on approach.
