The Governance of Corporate Groups

This book explores the legal issues concerning groups of companies including regulation at national, international and global level. It offers a comparative discussion of the way in which these issues have been approached in the UK, in the EU and the eastern European states and in the US.

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Starting from a discussion of the theoretical underpinning of the place companies occupy in society, this book explores the consequences of adherence to free market contractualist theory, including the lack of regulatory control of a sufficiently robust nature. Professor Dine comments on the absence of a concept of governance of groups from a comparative perspective and considers the consequences of this absence for the conflict of laws. In particular, she highlights the tragic consequences of globalization by transnationals including polarization of income and environmental damage, and suggests a possible legal framework to prevent future damages.