Conglomerate

A “conglomerate” is a large “corporation” that comprises a number of diverse, apparently unrelated businesses. A conglomerate can own a controlling stake in a number of smaller companies that conduct businesses separately. In a conglomerate, the subsidiary businesses run independently of the other business divisions, their managers reporting to the top management of the group company. So, a conglomerate can be also called a multi-industry company. Financial conglomerates are nothing but financial

Introduction Zaibatsu, the prevailing form of business declined after the Second World War, followed by an economic reform, a new business management form has emerged, which is the Keiretsu system. It continued to be the dominant form of business in the second half of 20th century, yet, the economic recession of Japan in1990s has made people realize the incapability of the old Keiretsu system, reforms of it is needed for revitalizing Japan’s once flourish economy. This paper will examine the role

The analysis undertaken in this essay will explain the significance of limited liability in respect to the holding company and its subsidiaries and how creditors are affected by limited liability when suffered by losses due to unrecoverable debts unless able to prove that the holding company knew of the subsidiary insolvency. As well we will look at how s588V allows creditors to be able to recover some of their losses if the courts are able to justify the piercing of the corporate veil of the holding

A conglomerate is a large company that owns several media products. The conglomerate I have chosen is Disney/ ABC. headquartered in Burbank, California. It is one of the largest media conglomerates in the world in terms of revenue. Disney was founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio (SEGD 2014). Widely known and bringing in a lot of revenue, this company continues to grow. The Walt Disney Company, also known as Disney, is a multinational mass media

I. Introduction In recent times, there has been an increased incidence among large scale business organizations to structure their operations through the form of corporate groups, with many domestic and international subsidiaries, wholly owned or otherwise, with the corporate veil ensuring that each of these enjoy separate corporate legal personality and limited liability. The existence of these ‘corporate groups’, with subsidiary companies being heavily controlled by their parent companies, have

In the case of Google Inc.’s filing, the details entailed informing investors about its scheduled reorganization of the holding company, operating structure, and financial reporting, among other changes. The establishment of Google Inc. began in 1995 when Sergey Brin and Larry Page met at Stanford University. The two succeeded in building a search engine, originally known as “BackRub,” in 1996. Interestingly, “BackRub” had the capability to use links to determine the importance of various webpages

Project-Corporate Law-I Relationship Between holding Companies and subsidiaries and the concept of piercing the corporate veil in the light of recent Vodafone 's decision and Finance Act 2012 Submitted to- Dr Kiran Kori Faculty-Corporate Law Submitted by-Prarthna Baranwal Semester-V Section-A Roll No.-92 HIDAYATULLAH NATIONAL LAW UNIVERSITY, RAIPUR CHHATTISGARH 1 ACKNOWLEDGEMENTS I would like to express my heartfelt gratitude to our respected faculty Kiran Kori Ma’am for giving

Keck Seng (Malaysia) Berhad (KSBM) is a Malaysia-based investment holding company and public listed company in Bursa Malaysia since 1976 and its stock code is 3476. KSBM formerly known as Keck Seng Malaysia which established in year 1943 and the co-founder of the company is Mr. Ho Yeow Koon. KBSM’s headquarter is located in Kuala Lumpur, Malaysia. The vision of KSBM is to diversified their corporation and provide sustainable long term growth that can create value to shareholders. (KSBM, 2016) Previously

HOLDING COMPANY A holding company is a parent company that owns sufficient voting shares in a company to control its management, governing policies. A holding company buys or otherwise obtains a majority percentage of stock in a company, which becomes and known as subsidiary company. Sometimes a pure holding company distinguishes itself by adding "Holding" or "Holdings" to its name. As per company law, a company which is controlled by another company is called as a subsidiary company and the company

Executive summary This essay will mainly analyze and discuss some relevant legal principles and terms related to the judicial observation on legal position that the judge made in the Australian Competition and Consumer Commission v Yazaki Corporation case. Therefore, it is necessary to cover the following key issues: 1. Definition and explanations of separate legal entity doctrine and corporate groups. 2. When will a subsidiary company be recognized as an agent of its parent. 3. Under what circumstances