Abstract
Specific legislation exists for intermediate holdings of larger corporations which are registered in the Netherlands. These arrangements define the roles and composition of the (obligatory) supervisory board. This study combining a survey, interviews and group discussions reveals a large variety in both the content as procedures for internal supervision. On the one end symbolic supervision was found, only to meet the minimal legal criteria and maximum shareholder influence, on the other end supervision was found to be substantial and focusing on the long term value creation of the intermediate holding. The variety related to both contextual factors as the internal dynamics and characteristics of the supervisory board.
| Translated title of the contribution | Supervision of the intermediate holding: guard dog or lap dog |
|---|---|
| Original language | Dutch |
| Pages (from-to) | 33-39 |
| Number of pages | 7 |
| Journal | Goed Bestuur & Toezicht |
| Volume | 2022 |
| Issue number | 1 |
| Publication status | Published - Mar 2022 |
Keywords
- Toezicht
- Tussenholding
- Commissarissen
- Langetermijnwaarde
- Medezeggenschapsrecht
VU Research Profile
- Governance for Society
- Science for Sustainability
