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The traditional policy of most multinational corporations (MNC) with respect to their subsidiary boards was or even still is to reduce these boards through composition, information and superseding these through an integrated management system to the bare local legal requirements and not having...
Persistent link: https://www.econbiz.de/10013158501
past, including those related to the issue of corporate ATS liability. The Supreme Court in Kiobel v. Royal Dutch Petroleum … their original position prior to the rise of ATS litigation, several strategies to impose liability on MNEs for the acts of …
Persistent link: https://www.econbiz.de/10012965348
The paper argues that doctrinal changes in the enforcement of FCPA actions have led to an ignoring of the corporate form and suggests that a more structured approach would lead to fairer outcomes and achieve the goals the FCPA was designed for
Persistent link: https://www.econbiz.de/10013010119
. It is obvious that potential corporate liability under any regime gives incentives to group companies for structuring … themselves in a way that, if ever agents who do not respect human right will be held responsible, the liability risks remain … invoke veil-piercing, direct liability or forum-doctrines to tap the financial capability of the parent company. Following …
Persistent link: https://www.econbiz.de/10013020055
corporate laws to determine liability of different group of companies, holding and associate companies. There has been a complex … capital, technology transfer etc. This article seek to determine the liability of such companies in different possible …
Persistent link: https://www.econbiz.de/10012725233
payout or risk, but more likely undertake acquisitions. These results suggest that the benefits of limited liability are …
Persistent link: https://www.econbiz.de/10012902805
This paper offers a structural tool for examining various parental liability approaches for the externalities of its … separate legal personality and limited liability, either within traditional company law or within alternative approaches … traditional company law. The situation is exacerbated by the general lack of an extraterritorial liability approach and of …
Persistent link: https://www.econbiz.de/10013005822
So far, very little attention has been paid to the roles of foreign subsidiaries located in Poland and if or how these roles have evolved. Simultaneously, there exists strong empirical justification for assuming these roles have been evolving over the years. Through a literature review and...
Persistent link: https://www.econbiz.de/10012222379
Persistent link: https://www.econbiz.de/10003882889
Using a large panel data set for European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than perations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...
Persistent link: https://www.econbiz.de/10003951763