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- Title
LEGAL ENTITY MANAGEMENT: Lessen Risk and Complexity.
- Authors
Roland, Thomas
- Abstract
The article looks at the legal structures of business enterprises, focusing on how companies can best manage a structure composed of multiple legal entities. The author notes that many factors can increase the number of legal entities comprising a business, including mergers and acquisitions, regulatory compliance, and international expansion. He says this poses challenges and costs to a business, including redundancies and greater risk of financial reporting errors. Guidelines for managing and simplifying multiple legal entities are provided.
- Subjects
CORPORATION law; INCORPORATION; REGISTRATION &; transfer of business enterprises; MERGERS &; acquisitions; CORPORATE growth; BUSINESS reporting to government; FINANCIAL statements
- Publication
Financial Executive, 2012, Vol 28, Issue 9, p82
- ISSN
0895-4186
- Publication type
Article