Liability of Parent Companies for Subsidiary Obligations in Azerbaijan

Mehdi Hasanzada

doi:10.5771/9783689004811

Summary

Under Azerbaijani law, the responsibility of parent firms for the obligations of their subsidiaries remains complex and largely unregulated. Azerbaijan lacks clear legislative tools to address abuses within corporate group structures, despite growing global attention to corporate responsibility through measures such as the EU’s Corporate Sustainability Due Diligence Directive. Drawing on legal models from France and Germany, this analysis identifies key gaps in Azerbaijani law and proposes targeted reforms to bring it into line with global standards on governance, sustainability and group accountability, particularly with regard to human rights and environmental due diligence.

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Bibliographic data

Copyright year: 2025
ISBN-Print: 978-3-68900-480-4
ISBN-Online: 978-3-68900-481-1
Publisher: Tectum, Baden-Baden
Series: Young Academics: Corporate and Business Law
Volume: 10
Language: English
Pages: 80
Product type: Book Titles

1. Foreword No access
2. List of Abbreviations No access
3. Abstract No access
1. Introduction No access Pages 1 - 4
2. Literature Review No access Pages 5 - 8
3. Methodology No access Pages 9 - 12
1. 4.1. The Legal Structure of Corporate Groups No access
2. 4.2. The Development of Corporate Responsibility Frameworks No access
3. 4.3. Legal Analysis of the Corporate Sustainability Due Diligence Directive No access
1. 5.1 Overview of Azerbaijani Company Law No access
2. 5.2. Legal Classification of Companies No access
3. 5.3. The Legal Framework of Parent-Subsidiary Relationships No access
1. 6.1. Traditional Liability of Companies in Azerbaijan No access
2. 6.2. Doctrinal Limits of Corporate Separateness: Piercing the Veil No access
7. The Impact of COP29 on Corporate Governance in Azerbaijan No access Pages 65 - 68
8. Conclusion No access Pages 69 - 72
References No access Pages 73 - 80