Based on author's thesis (doctoral - Universitetet i Oslo, 2019) issued under title: The multifaceted corporate group : testing EU's response to hidden control structures. Includes bibliographical references and index.
Contents:
Corporate group transparency -- What causes group complexity? -- The emergence of corporate groups -- Organizational decoupling : Identifying nodes in group systems -- Control decoupling : Identifying links in group systems -- Governance decoupling : identifying decision-making mechanisms in group systems -- The partly transparent corporate group under accounting law principles of consolidated accounts -- The contribution of company law to group transparency -- Uncovering decoupling techniques -- The contribution of securities law -- Intermediate results -- A primer to systems thinking -- Systems thinking as foundation for group transparency -- A critical review of a systems approach -- Intermediate result : towards a recognition of group-systems for enhanced transparency -- Bringing it all together.
Summary:
"Corporate groups are the preferred legal structure for enterprises since the 1920-1930s. Despite their omnipresence in most of our lives, very little is known about their structure and the means of how corporate control can be obtained and exercised. In fact, innovative means of control can be obtained and exercised in ways regulators have not thought of. This enables shadow business practices, understood as control-mechanisms that are not covered by regulation demanding transparency of corporate groups, such as non-equity modes of control including smart contracts on private blockchain platforms and other coordinative means of control. This recognition is of the essence for determination of reach and scope of for instance tort liability, tax, competition, labour law and more. It is argued in this book that finding a better framework for assessing the multifaceted corporate group of the 21st century necessitates, first, the disentanglement of the components of corporate groups and, second, the introduction of a new foundational framework to understand what constitutes a corporate group"-- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.