000 01284cam a2200205 4500500
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041 _afre
042 _adc
100 1 0 _aCatel Duet, Aurélie
_eauthor
245 0 0 _aTo Be or Not To Be: Corporate Groups as a Firm or as a Collection of Firms? A Sociological Approach
260 _c2008.
500 _a5
520 _aIn the last few years, firms have increasingly chosen to organize and conduct their business as corporate groups. However, we do not know much about the relationship between the parent company and the subsidiary. There are financial links between firms, but corporate groups have no clear legal status: each company is defined as a single corporate body. This paper demonstrates that corporate groups “play” with this duality. They can be considered either as a single firm or as a set of independent firms, depending on the circumstances. It appears that corporate groups allow some reversibility in their decisions.
690 _aHierarchy
690 _aLegal autonomy.
690 _aCorporate group
690 _aFlexibility
786 0 _nDroit et société | o 67 | 3 | 2008-03-01 | p. 615-629 | 0769-3362
856 4 1 _uhttps://shs.cairn.info/journal-droit-et-societe1-2007-3-page-615?lang=en&redirect-ssocas=7080
999 _c690321
_d690321