IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-24949-3_9.html
   My bibliography  Save this book chapter

Corporate Governance and Decision-Making in Business Groups

In: Organization and Development of Russian Business

Author

Listed:
  • Svetlana B. Avdasheva

    (State University — Higher School of Economics)

Abstract

This chapter and the following one are devoted to independent legal entities that constitute united companies and are known as business groups (BGs) or holding company groups. In modern economic literature, BGs are defined as “a set of firms which, though legally independent, are bound together by a constellation of formal and informal ties and are accustomed to taking coordinated action” (Khanna & Rivkin 2001: 47–48). Russian law defines a parent company and its subsidiary, which together constitute a holding company group, as a pair of agents, one of which, namely, the parent company, has sufficient authority to determine the decisions of another based on ownership rights or any other type of control rights.1 In this respect, both terms, BGs and holding company groups, are synonymous.

Suggested Citation

  • Svetlana B. Avdasheva, 2009. "Corporate Governance and Decision-Making in Business Groups," Palgrave Macmillan Books, in: Tatiana Dolgopyatova & Ichiro Iwasaki & Andrei A. Yakovlev (ed.), Organization and Development of Russian Business, chapter 8, pages 195-212, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24949-3_9
    DOI: 10.1057/9780230249493_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Monika Fiedorczuk, 2011. "Znaczenie grup kapitałowych w Rosji," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 61-81.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-24949-3_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.