Matches in SemOpenAlex for { <https://semopenalex.org/work/W1738454738> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W1738454738 abstract "Piercing the corporate veil is the practice of disregarding the limited liability characteristic of a corporation in order to make its shareholders, either individuals or parent corporations, answer for the corporation's liabilities. In determining whether to apply corporate veil piercing, courts in the United States commonly employ the instrumentality theory, as well as the alter ego and identity doctrines. These principles provide courts with methods of establishing whether the corporation can be considered a deception. Metaphors used include ''sham'', ''shell'', ''dummy'' or ''alias''. Circumstances indicating the validity of such metaphors, and consequently of corporate veil piercing, have evolved in case law and legal theory. Commonly, grossly inadequate capitalization, few shareholders, a disregard of corporate formalities, common directors and the intermingling of corporate assets can be considered telltale indicators of corporate veil piercing. Swedish courts apply the very same criterions, though not under the heading of theories or doctrines. As the limited liability trait of the corporate form has proven to be a remarkable vehicle for risk taking and entrepreneurialism, and has enabled enormous economic development and provides society with wealth gains beyond compare, there is good reason for caution when disregarding it. It is thus clear that thorough economic consideration should be the foundation of any usage of veil piercing. It must be ascertained that the criterions for its applicability are in line with sound economic rationale, as well as the consequences of its application need to be analyzed from an economic point of view. This thesis will provide a thorough description and an economic analysis of the characteristics of the corporate form. It will describe the theories surrounding veil piercing in both the United States and in Sweden, as well as it will present a comprehensive account of case law from both countries, both of which will be interpreted from an economic point of view. It will be shown that the criterions employed in the application of veil piercing are economically reasonable, and that courts take the potential economic repercussions into consideration in their lines of reasoning. It will also be shown that piercing the corporate veil can in some situations provide an economic advantage, an efficiency gain. It can in fact counter market imperfections and provide predictability in transactions." @default.
- W1738454738 created "2016-06-24" @default.
- W1738454738 creator A5038484410 @default.
- W1738454738 date "2009-01-01" @default.
- W1738454738 modified "2023-09-26" @default.
- W1738454738 title "Piercing the Corporate Veil - a Law and Economics Analysis" @default.
- W1738454738 cites W1486174327 @default.
- W1738454738 cites W1504966517 @default.
- W1738454738 cites W1874027878 @default.
- W1738454738 cites W2003137283 @default.
- W1738454738 cites W2015930340 @default.
- W1738454738 cites W2016563863 @default.
- W1738454738 cites W2018650603 @default.
- W1738454738 cites W2051742091 @default.
- W1738454738 cites W2085317472 @default.
- W1738454738 cites W2092050408 @default.
- W1738454738 cites W2313497870 @default.
- W1738454738 cites W2321148813 @default.
- W1738454738 cites W2752617332 @default.
- W1738454738 cites W3122859634 @default.
- W1738454738 cites W3124692220 @default.
- W1738454738 cites W3125898175 @default.
- W1738454738 cites W369585716 @default.
- W1738454738 cites W413884059 @default.
- W1738454738 cites W639953109 @default.
- W1738454738 hasPublicationYear "2009" @default.
- W1738454738 type Work @default.
- W1738454738 sameAs 1738454738 @default.
- W1738454738 citedByCount "1" @default.
- W1738454738 countsByYear W17384547382018 @default.
- W1738454738 crossrefType "journal-article" @default.
- W1738454738 hasAuthorship W1738454738A5038484410 @default.
- W1738454738 hasConcept C10138342 @default.
- W1738454738 hasConcept C120757647 @default.
- W1738454738 hasConcept C144133560 @default.
- W1738454738 hasConcept C162324750 @default.
- W1738454738 hasConcept C17744445 @default.
- W1738454738 hasConcept C190253527 @default.
- W1738454738 hasConcept C199539241 @default.
- W1738454738 hasConcept C25253098 @default.
- W1738454738 hasConcept C2778348171 @default.
- W1738454738 hasConcept C39389867 @default.
- W1738454738 hasConceptScore W1738454738C10138342 @default.
- W1738454738 hasConceptScore W1738454738C120757647 @default.
- W1738454738 hasConceptScore W1738454738C144133560 @default.
- W1738454738 hasConceptScore W1738454738C162324750 @default.
- W1738454738 hasConceptScore W1738454738C17744445 @default.
- W1738454738 hasConceptScore W1738454738C190253527 @default.
- W1738454738 hasConceptScore W1738454738C199539241 @default.
- W1738454738 hasConceptScore W1738454738C25253098 @default.
- W1738454738 hasConceptScore W1738454738C2778348171 @default.
- W1738454738 hasConceptScore W1738454738C39389867 @default.
- W1738454738 hasLocation W17384547381 @default.
- W1738454738 hasOpenAccess W1738454738 @default.
- W1738454738 hasPrimaryLocation W17384547381 @default.
- W1738454738 hasRelatedWork W1521981963 @default.
- W1738454738 hasRelatedWork W1552036034 @default.
- W1738454738 hasRelatedWork W163256572 @default.
- W1738454738 hasRelatedWork W2030747312 @default.
- W1738454738 hasRelatedWork W2103979445 @default.
- W1738454738 hasRelatedWork W2253556728 @default.
- W1738454738 hasRelatedWork W2259815664 @default.
- W1738454738 hasRelatedWork W2278863940 @default.
- W1738454738 hasRelatedWork W2309274177 @default.
- W1738454738 hasRelatedWork W2353622243 @default.
- W1738454738 hasRelatedWork W2469377939 @default.
- W1738454738 hasRelatedWork W2524751316 @default.
- W1738454738 hasRelatedWork W27379850 @default.
- W1738454738 hasRelatedWork W3028434215 @default.
- W1738454738 hasRelatedWork W3122066261 @default.
- W1738454738 hasRelatedWork W3125605856 @default.
- W1738454738 hasRelatedWork W3126008108 @default.
- W1738454738 hasRelatedWork W3131160535 @default.
- W1738454738 hasRelatedWork W3138834924 @default.
- W1738454738 hasRelatedWork W2163646434 @default.
- W1738454738 isParatext "false" @default.
- W1738454738 isRetracted "false" @default.
- W1738454738 magId "1738454738" @default.
- W1738454738 workType "article" @default.