Group Interest in European Company Law: an Overview
Group Interest in European Company Law: an Overview

Summary/Abstract: Cross-border groups are important for the further integration of the European economy and they have become increasingly common.However, they must be run according to diverging national rules, which makes management cumbersome. One important issue is whether the subsidiary’s management may take into account the interest of the group as a whole or whether only the subsidiary’s interest is relevant. Currently,Member States follow completely different approaches, which has led to a call for harmonization. This was picked up by the Commission in its 2012 Action Plan on company law. This article sketches the development in recent years both on the academic and the practical level, and identifies the core issues.

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