The Regulation of Financial Conglomerates and ‘Contagion Risk’

Alain Hirsch

Chapter 12 in Financial Strategies and Public Policies, 1993, pp 80-89 from Palgrave Macmillan

Abstract: Abstract Corporate groups are not acknowledged as such by law. Each corporation has its own assets and liabilities and its own management. In particular the parent corporation is not responsible for the liabilities of its subsidiaries and none of the subsidiaries are responsible for the liabilities of other corporations of the group.

Keywords: Global Regulation; Financial Regulation; Banking Regulator; Capital Ratio; Corporate Group (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-12177-9_12

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DOI: 10.1007/978-1-349-12177-9_12

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