Power, Structure, and Transparency in Global Corporate Groups

Corporate governance is often discussed in abstract terms, yet it is best understood through the structures, behaviours, and disclosure practices of real organizations. When we examine how large groups are organised, how power is distributed between holding companies and subsidiaries, and how transparently these arrangements are communicated to shareholders, governance stops being theoretical and becomes operational. Few companies illustrate this better than General Electric, alongside the distinctive corporate structures commonly seen among listed companies in Hong Kong.