Recognition of non-controlling interest in consolidated financial statements based on property rights
- We suggest a recognition of non-controlling interest in consolidated financial statements that takes into account the property rights structure within subsidiary companies, in particular, majority requirements on restructurings, which may differ between countries. Our approach rests on a property rights index based on cooperative game theory. This index captures a parent company's ability to acquire future gains of the subsidiary.
| Document Type: | Article |
|---|---|
| Language: | English |
| Author: | André Casajus, Helfried Labrenz |
| Chairs and Professorships: | Chair of Economics and Information Systems |
| DOI: | https://doi.org/10.1515/rle-2015-0050 |
| Parent Title (English): | Review of Law & Economics |
| ISSN: | 1555-5879 |
| Volume: | 13 |
| Issue: | 3 |
| Year of Completion: | 2017 |
| Tag: | Consolidation; Majority requirements; Property rights; Shapley value |
| Content Focus: | Academic Audience |
| Peer Reviewed: | Yes |
| Rankings: | SJR Ranking / Q3 |
| Sustainable Development Goals: | Peace, justice and strong institutions |
| Licence (German): |  Urheberrechtlich geschützt |