Enterprise Liability for Corporate Groups — A More Efficient Outcome for Creditors: Part II

Keeping Good Companies, Vol. 63, No. 7, pp. 410-413, 2011

2 Pages Posted: 29 Apr 2013

Date Written: August 1, 2011

Abstract

The first half of this article considered how the actions of directors seeking to serve the interests of parent company shareholders may result in losses to creditors of corporate group members. In this second half, current creditor protections are compared to the adoption of enterprise liability as a means of efficiently limiting such debtor opportunism.

Keywords: Cases, Stock ownership, Investor relations, Fraud, Law and legislation, Financial services industry, Enterprise liability, Limited liability

JEL Classification: G33, G34, K22, K23

Suggested Citation

Dickfos, Jennifer, Enterprise Liability for Corporate Groups — A More Efficient Outcome for Creditors: Part II (August 1, 2011). Keeping Good Companies, Vol. 63, No. 7, pp. 410-413, 2011. Available at SSRN: https://ssrn.com/abstract=2257458

Jennifer Dickfos (Contact Author)

Griffith University ( email )

Gold Coast Campus
Parklands Drive
Southport, 4217
Australia

Register to save articles to
your library

Register

Paper statistics

Downloads
44
Abstract Views
253
PlumX Metrics