THE LEGAL FRAMEWORK OF THE CONCEPT OF CORPORATE GROUPINGS: A STUDY OF THE DE FACTO GROUPING AS A MODEL

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RIMA BELLEBBA

Abstract

Corporate groupings represent an innovative phenomenon in economic organization and constitute a form of economic concentration, arguably the most prevalent. These groupings consist of a collection of legally independent companies that are economically interconnected. A corporate grouping does not possess a separate legal entity nor does it enjoy legal personality. Instead, it operates based on the concept of control, where the parent company, which heads the grouping, exerts control over other companies, known as subsidiaries, utilizing various means derived from commercial law.

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References

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