Any large corporate doing business across borders faces the challenge of dispersed liquidity. Done well, subsidiary capital structure optimization ensures that the corporate balance sheet is no larger ...

A corporation may be a parent company to a subsidiary company, which can be a corporation, partnership, limited liability company or other type of business structure, but the parent corporation and ...

This paper develops a new theory of the capital structure of parent-subsidiary organizations based on legal-system arbitrage: the capital structure of parent-subsidiary organizations is chosen to ...

The largest U.S. banks, under pressure from regulators to simplify their organizational structures, haven't made much progress paring subsidiaries, a sign they'd still be difficult to close down in a ...