Open AccessAnalysis of the Parent Company and a Subsidiary Company Concept in Article 5 of the Law on Companies of the Republic of Lithuania
Author(s) -
Edvinas Bakanauskas
Publication year - 2020
Publication title -
teisė
Language(s) - English
Resource type - Journals
eISSN - 2424-6050
pISSN - 1392-1274
DOI - 10.15388/teise.2020.115.5
Subject(s) - subsidiary , parent company , corporate law , context (archaeology) , accounting , limited company , business , control (management) , companies act , law , management , multinational corporation , political science , economics , corporate governance , finance , paleontology , biology
The present article analyses the concept of a parent and a subsidiary company as defined in Article 5 of the Law on Companies of the Republic of Lithuania. The article also examines the relationship between companies, the concept of control, evaluates concept of parent company and subsidiary in the context of European Model Company Act (EMCA).