“The median number of subsidiaries of the 50 largest companies in the MSCII World Index is 439, reflecting the prevalence of the corporate group as the most common form of business organization among large corporations. Legal scholars have debated how to best handle corporate group structures for a long time. Typically, unlike the literature in economics or management, legal analysis usually takes the group structure as a given. Thus, it does not usually consider the organizational or strategic reasons behind the choice of ownership structure for the subsidiaries …” (more)
[Maribel Sáez and María Gutiérrez, Oxford Business Law Blog, 24 June]
First posted 2021-06-24 13:00:50
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