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Intra group compliance agreement as a tool to manage the risks in the daughter companies

Author

Listed:
  • Marek Kordík

    (Comenius University in Bratislava, Slovakia)

  • Lucia Kurilovská

    (Comenius University in Bratislava, Slovakia)

Abstract

The contribution deals with the topic of relation ship between the mother company and the daughter company, specifically how to control and verify the compliance rules in the daughters company. The contribution shows the possibility to implement the compliance rules in the daughter company through the so-called intragroup agreement as a frame to set up a correct control, reporting, consequence management in the daughter company as required by the standards of its mother. The research is useful for companies, which operate through various related structures, alliances.

Suggested Citation

  • Marek Kordík & Lucia Kurilovská, 2018. "Intra group compliance agreement as a tool to manage the risks in the daughter companies," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(4), pages 1008-1019, June.
    • Handle: RePEc:ssi:jouesi:v:5:y:2018:i:4:p:1008-1019
    DOI: 10.9770/jesi.2018.5.4(21)
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    Citations

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    Cited by:

    1. Irina I. Frolova & Olga Yurievna Voronkova & Natalia Andreevna Alekhina & Irina Kovaleva & Natalia A. Prodanova & Liudmila V. Kashirskaya, 2019. "Corruption as an obstacle to sustainable development: A regional example," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(1), pages 674-689, September.

    More about this item

    Keywords

    compliance; effectiveness; criminal responsibility; post-acquisition; SPV; sanctions; vulnerability; mother-company; daughter-company; intra group relations;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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