Concept of Control in Consolidations

Concept of Control in Consolidations

In countries like Japan, the concept of control is mostly used to define the scope of a group company. However, unlike other regions, the theory of combined control does not apply. Control only applies in purposes like the substantive review where if a share acquisition exceeds a certain set limit and an individual becomes the highest shareholder, the acquirement becomes subject to an examination by the trade commission. However, the Japanese system insists on the avoidance of the word control and insists that; when two parent corporations each holds 50 % share

Pay to View the Entire Post

To view this post and other posts in this category please pay the amount below