Secret company

Secret company
See also
Large organizations Syndicate Board of directors Implied agency Mudaraba Nominee director Joint venture Cooperative insurance Company limited by guarantee

Secret company is one of three forms of association agreements between companies.

It takes the form of a separate non-registered entity, belonging to the partners. Its purpose is to implement covert operations and projects aimed at cost and risk dispersion between members of the association and management of common resources.

Activities of the association remain secret, but shareholders of this entity is known so they will not seek to influence on the other shareholders which could be their competitors. Such companies usually have a place in trade activities. There are not known in Poland.

Other forms of association agreements between companies are: interest groups and association agreements. These agreements are placed among the broader category of non-share based strategic alliances.

References

• Havens, L. (2004). The best kept secret: How to form an effective alliance. Harvard review of psychiatry, 12(1), 56-62.
• Isabella, L. A. (2002). Managing an alliance is nothing like business as usual. Organizational Dynamics, 31(1), 47-59.
• Reuer, J. J., & Arino, A. (2007). Strategic alliance contracts: Dimensions and determinants of contractual complexity. Strategic Management Journal, 28(3), 313-330.
• Whipple, J. M., & Frankel, R. (2000). Strategic alliance success factors. Journal of Supply Chain Management, 36(2), 21-28.