Book contents
- Corporate Groups and Shadow Business Practices
- Corporate Groups and Shadow Business Practices
- Copyright page
- Dedication
- Contents
- Foreword
- Preface
- Part I Setting the Scene
- Part II The Emergence of Group Complexity
- Part III Decomposing Corporate Groups
- Part IV Deficiencies of Formal Approaches to Group Transparency in EU Law
- 7 The Partly Transparent Corporate Group under Accounting Law Principles of Consolidated Accounts
- 8 The Contribution of Company Law to Group Transparency
- 9 Uncovering Decoupling Techniques
- 10 Intermediate Results
- Part V Systems Approach as a More Comprehensive Concept toward Group Transparency
- Part VI Results
- Bibliography
- Index
10 - Intermediate Results
from Part IV - Deficiencies of Formal Approaches to Group Transparency in EU Law
Published online by Cambridge University Press: 04 May 2022
- Corporate Groups and Shadow Business Practices
- Corporate Groups and Shadow Business Practices
- Copyright page
- Dedication
- Contents
- Foreword
- Preface
- Part I Setting the Scene
- Part II The Emergence of Group Complexity
- Part III Decomposing Corporate Groups
- Part IV Deficiencies of Formal Approaches to Group Transparency in EU Law
- 7 The Partly Transparent Corporate Group under Accounting Law Principles of Consolidated Accounts
- 8 The Contribution of Company Law to Group Transparency
- 9 Uncovering Decoupling Techniques
- 10 Intermediate Results
- Part V Systems Approach as a More Comprehensive Concept toward Group Transparency
- Part VI Results
- Bibliography
- Index
Summary
This chapter contains intermediary results from the analysis on legal deficiencies identified in the accounting, corporate, and securities law. It focuses on the misguiding norm of adding new topics to disclosure agendas without careful consideration of the value the addition of information may bring. This leads to increased compliance costs, “boilerplate compliance,” and information overload. In addition, more information may give the impression of enhanced group transparency such as the amended disclosure regime for major holdings in listed companies, where the reality is that innovative business models still fly under the regulatory radar.
Keywords
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- Corporate Groups and Shadow Business Practices , pp. 257 - 262Publisher: Cambridge University PressPrint publication year: 2022