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Corporate group
About: Corporate group is a research topic. Over the lifetime, 1747 publications have been published within this topic receiving 46868 citations.
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TL;DR: A critique of the attack on corporate personhood can be found in this article, where the authors argue that corporate separateness is an important legal principle as a matter of corporate law and that the concerns motivating the movement against it should be ameliorated with adjustments in corporate governance rather than constitutional law.
Abstract: This essay is a critique of this attack on corporate personhood. It explains that the corporate separateness - corporate “personhood” - is an important legal principle as a matter of corporate law. What’s more, as a matter of constitutional law, corporate “personhood” deserves a more nuanced analysis than has been typically offered in arguing in favor of an amendment to overturn Citizens United. Indeed, the concept of corporate “personhood” can in fact be marshaled in arguments against corporations being able to assert constitutional rights. In the nascent category of cases brought by corporations asserting rights of religious freedom, for example, corporations typically derivatively assert the religious claims of their shareholders. Attention to corporate “personhood” would lead courts to separate the claims of shareholders from those of the corporation itself, leading to a dismissal of corporate religious claims asserted on behalf of shareholders. Finally, it proposes that the concerns motivating the movement against corporate personhood should be ameliorated with adjustments in corporate governance rather than constitutional law. In corporate law, what we need are changes in corporate governance to make corporations more like persons, not less. Unlike persons, corporations are expected to act if they have only one goal - the production of shareholder value. People must balance a range of obligations, both moral and legal. Requiring corporations to attend to a broader range of stakeholders would make corporations more like people, would make them better citizens, and would make their political participation less problematic.
12 citations
TL;DR: In this paper, the authors analyzed the relationship between efficiency and corporate governance in Italian water utilities, measured through data envelopment analysis using an M-quantile regression model, and found that fully publicly owned firms reach lower levels of efficiency than their counterparts with an ownership structure that also includes private partners.
12 citations
TL;DR: In this paper, the authors developed a framework to be used as an analytical tool for understanding and organizing technology sharing in manufacturing business groups in which the companies will typically have individual as well as common technologies.
12 citations
TL;DR: In this paper, the authors describe corporate governance systems in five Latin American countries: Argentina, Brazil, Chile, Colombia and Venezuela, using a stakeholder definition of corporate governance that includes examining insiders such as owners and boards of directors as well as outsiders such as employees.
Abstract: This paper describes corporate governance systems in five Latin American countries: Argentina, Brazil, Chile, Colombia and Venezuela. We account for the broader institutional environment by explaining changes over time as well as existing corporate governance systems. We use a stakeholder definition of corporate governance that includes examining insiders such as owners and boards of directors as well as outsiders such as employees. This corporate governance perspective
12 citations
TL;DR: In this article, the authors study the effect of founder ownership on foreign investments for Indian firms and show that foreign investors underinvest in firms with higher level of founder owners, since these firms are more vulnerable to information problems and expropriation risk.
12 citations