Re: who is subsidiary???
Posted: Sun Sep 28, 2014 1:31 am
In current game mechanics this situation can not happen, the corporation been controlled over 50% is forbid to purchase stock belong to its parent company.
In the real world, it's much more complicated. Usually these "tie-up corporations" would be considered a single economic entity instead of separate companies (with IFRS standard). And stock regulation agencies in a lot of countries have rules for these kind of inter-holdings as well, for reasons such as it might cause tax related issues and frauds.
In the real world, it's much more complicated. Usually these "tie-up corporations" would be considered a single economic entity instead of separate companies (with IFRS standard). And stock regulation agencies in a lot of countries have rules for these kind of inter-holdings as well, for reasons such as it might cause tax related issues and frauds.