Book contents
- Corporate Groups and Shadow Business Practices
- Corporate Groups and Shadow Business Practices
- Copyright page
- Dedication
- Contents
- Foreword
- Preface
- Part I Setting the Scene
- Part II The Emergence of Group Complexity
- Part III Decomposing Corporate Groups
- Part IV Deficiencies of Formal Approaches to Group Transparency in EU Law
- Part V Systems Approach as a More Comprehensive Concept toward Group Transparency
- 11 A Primer to Systems Thinking
- 12 Systems Thinking as a Foundation for Group Transparency
- 13 A Critical Review of a Systems Approach
- 14 Intermediate Result
- Part VI Results
- Bibliography
- Index
13 - A Critical Review of a Systems Approach
from Part V - Systems Approach as a More Comprehensive Concept toward Group Transparency
Published online by Cambridge University Press: 04 May 2022
Book contents
- Corporate Groups and Shadow Business Practices
- Corporate Groups and Shadow Business Practices
- Copyright page
- Dedication
- Contents
- Foreword
- Preface
- Part I Setting the Scene
- Part II The Emergence of Group Complexity
- Part III Decomposing Corporate Groups
- Part IV Deficiencies of Formal Approaches to Group Transparency in EU Law
- Part V Systems Approach as a More Comprehensive Concept toward Group Transparency
- 11 A Primer to Systems Thinking
- 12 Systems Thinking as a Foundation for Group Transparency
- 13 A Critical Review of a Systems Approach
- 14 Intermediate Result
- Part VI Results
- Bibliography
- Index
Summary
In this chapter, three inherent challenges with Systems Thinking is addressed. These are (i) legal uncertainty, due to the case-by-case assessment of control relations that may lead to different outcomes, (ii) information asymmetry concerns, due to information gathering processes, and (iii) enforcement concerns, due to the need of a modified definition of legal terms such as corporate control, beneficial ownership, and controlled and affiliated entities.
- Type
- Chapter
- Information
- Corporate Groups and Shadow Business Practices , pp. 281 - 283Publisher: Cambridge University PressPrint publication year: 2022