What degree of control should a parent company have over its overseas subsidiaries? How does the degree of control impact the risk exposure level, and how can control issues be managed to minimise liability?
In general, we see that parent companies tend to need to maintain a high level of control over subsidiaries in terms of risk exposure. This is understandable since it is advisable for any parent company to ascertain aspects of the operations of its subsidiaries. However, in our experience, having a high degree of control does […]