Restrictions of foreign equity ownership
Describe various restrictions of foreign equity ownership. Why countries impose these restrictions, explain your view on this?
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Several countries control the maximum fractional ownership of local firms through foreigners. Often, these restrictions are forced in order to make sure domestic control of the local firms.
At the end of March, 2006 the balances in the various accounts of TTTTT & Company are as follows: Rs. in million Accounts Balance Equity capital 120 Preference capital 30 Fixed assets (net) 217 Reserves and surplus 200 Cash
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