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

Keeping Good Companies, Vol. 63, No. 6, pp. 350-353, 2011

3 Pages Posted: 29 Apr 2013

Date Written: July 1, 2011

Abstract

In May 2000, Companies and Securities Advisory Committee (CASAC) in its Corporate Groups Final Report 2000, recommended as a further safeguard to creditors, the introduction of an enterprise approach to regulating corporate groups. This recommendation, like the majority of the report’s recommendations, was not adopted.

Rather, current Australian corporate law relies upon conventional ex ante and ex post protections for creditors transacting with corporate group members.

Keywords: Corporate governance, Business enterprises, Analysis, Corporation law, Laws, regulations and rules, 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 I (July 1, 2011). Keeping Good Companies, Vol. 63, No. 6, pp. 350-353, 2011. Available at SSRN: https://ssrn.com/abstract=2257476

Jennifer Dickfos (Contact Author)

Griffith University ( email )

Gold Coast Campus
Parklands Drive
Southport, 4217
Australia

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