Corporate group

About: Corporate group is a research topic. Over the lifetime, 1747 publications have been published within this topic receiving 46868 citations.

Competition Law Enforcement and Corporate Group Liability - Adjusting the Veil

Abstract: Discusses, with reference to UK and EU cases, changes to corporate group liability where a group member commits anti-competitive practices, and the importance of group-wide compliance. Reviews UK tortious liability for competition law breaches, how corporate governance developments interact with compliance issues, and how separate corporate personality and limited liability have developed. Examines how the single economic unit doctrine applies, the role of anchor defendants in cartel damages actions, and potential liability where parents assume control of a subsidiary's compliance strategy.

Adapting to Doom: The Group Psychology of an Organization Threatened with Cultural Extinction

Abstract: This paper illustrates the role of unconscious activities in organizations and cultures. Through a case study, it describes the interplay between organizational fantasies and organizational realities in the political life of a medical corporation. This case study is of the decline of a corporate group that has been slowly allowed by its parent company to atrophy, and of the relationship between the subsidiary, which I shall call Managed Care Affiliate (MCA), and its corporate headquarters. It explores the dynamics of grief-work and of impediments to it posed by a sense of catastrophe. In this paper, I also explore my evolving role as an organizational consultant seeking to help — albeit in a limited way — the subsidiary, MCA, through its protracted uncertainty, rage, and grief. At the descriptive level, the case study interweaves two stories: (1) the story of an organization whose members are haunted by a sense of doom, and (2) the narrative of my role as organizational consultant, a role which both gave me access to the organizational narrative, and provided conflicting expectations for my interventions on behalf of MCA.

Corporate governance, firm performance, and business group affiliation: evidence from India

Abstract: The purpose of this paper is to investigate whether, in emerging economies, the relationship between a firm’s corporate governance (CG) and its performance is associated with firm’s affiliation to a business group.,A total of 209 publicly listed firms in India during a 10-year period from 2007 to 2016 were studied, and the random effects model was employed for analysis.,Empirical evidence showed that board size and institutional shareholding positively impacted firm performance, whereas the proportion of independent directors negatively impacted performance. In group-affiliated firms in emerging economies, chief executive officer duality negatively impacted, whereas institutional shareholding positively impacted performance. These results are consistent with the principal–principal agency theory. The study found no discernible impact of proportion of independent directors on firm performance in group-affiliated firms.,In analyzing the governance–performance relationship and its association with business groups, this study extends current understanding by connecting business group research in emerging economies with CG and firm performance research. In examining firms from several industries over a long period of time after controlling for firm size, capital structure and spends on research and development and marketing, the results of this study offer rich empirical evidence that contributes to the extant literature on the nature of the governance–performance relationship.

Unregulated Internal Investigations: Achieving Fairness for Corporate Constituents

Abstract: This Article focuses on the relationship between corporations and their employee constituents in the context of corporate internal investigations, an unregulated multi-million dollar business. The classic approach provided in the 1981 Supreme Court opinion, Upjohn v. United States, is contrasted with the reality of modern-day internal investigations that may exploit individuals to achieve a corporate benefit with the government. Attorney-client privilege becomes an issue as corporate constituents perceive that corporate counsel is representing their interests, when in fact these internal investigators are obtaining information for the corporation to barter with the government. Legal precedent and ethics rules provide little relief to these corporate employees. This Article suggests that courts need to move beyond the Upjohn decision and recognize this new landscape. It advocates for corporate fair dealing and provides a multi-faceted approach to achieve this aim. Ultimately this Article considers how best to level the playing field between corporations and their employees in matters related to the corporate internal investigation.

Corporate Responsibility and Sustainable Development

Abstract: Corporate responsibility marks a historical turnaround in corporate culture because it attributes to it a role in which many costs externalised by the company to society and to the planet, but in fact produced directly or indirectly by it. A correct cultural approach and greater familiarity, particularly with the issues of manufacturing processes and products that have no impact on the environment, can make companies truly responsible and conscious of their role. Corporate Responsibility differs from Corporate Social Responsibility. The former represents the corporate ‘system’ (capital, human resources, suppliers, processes, products, communication, customers, etc.), while the latter refers to the ‘system’ of stakeholders (the community, institutions, associations, etc.).