Duties and Responsibilities of Boards in Company Groups
This publication provides an overview of the duties and responsibilities of boards
in company groups across 45 jurisdictions. The introduction outlines the global landscape
of company groups, their economic role and the principal challenges they present with
respect to corporate governance polices. Part I develops a typology of legal and regulatory
approaches that jurisdictions have taken to address these challenges. Part II highlights
differences and commonalities across jurisdictions, especially as they relate to:
how directors may take into account group interests; procedures for managing conflicts
of interest; compensating losses incurred by a group company for the benefit of the
group; transparency around group purposes and allocation of business opportunities;
and allocation of responsibility for company policy and oversight between parent and
subsidiary boards. Additional chapters offer case studies of recent and specific approaches
to company group governance in Colombia, India, Israel and Korea.
Available from June 03, 2020
In series:Corporate Governanceview more titles