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Political questions as an object
Forum Europaeum on Company Groups: Proposal to facilitate the
Management of Cross-Border company Groups in Europe (Translated by: Ž. Šuleková)
Právny obzor, 99, 2016, č. 5,
s. 431 – 439.
Abstract. Proposal to
facilitate the Management of Cross-Border company Groups in Europe. In European
Company and Financial Law Review (ECFR), Vol. 12, Issue 2, 2015, p. 299-306. The
reports of various expert groups as well as the Commission’s Action Plan 2012,
have acknowledged the need to facilitate the establishment, restructuring and
consolidated governance of transnational corporate groups in the Common Market.
In this line of thought, the Forum Europaeum on Company Groups has elaborated
basic principles for a European approach regarding transnational groups. It
takes into account the variety of subsidiaries regarding their size and function
and thereby develops a twofold approach: A simple and clear-cut framework for
smaller subsidiaries with a purely auxiliary function (“Service Companies”), and
a more elaborate system balancing the various stakeholder interests for larger
and more independent subsidiaries (“Ordinary Companies”). It is suggested that
both systems be introduced by means of an EU directive.
Key words: Cross-border
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ISSN 2729-9228
(online)
ISSN 0032-6984
(print)
THEORETICAL REVIEW FOR ISSUES OF STATE AND LAW.
Právny obzor is peer-reviewed journal and is indexed in SCOPUS and HeinOnline database (INDEX TO FOREIGN LEGAL PERIODICALS).
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