Transcription of Consolidated Financial Statements of Group Companies
{{id}} {{{paragraph}}}
Example: stock market
Consolidated Financial Statements of Group Companies
5 Consolidated Financial Statements of Group Companies UNIT 1 : INTRODUCTION Concept of Group , Holding Company and Subsidiary Company It is an era of business growth. Many organization are growing into large corporations by the process of acquisition, mergers, gaining control by one company over the other company, restructuring etc. Acquisition and mergers ultimately leads to either cost reduction or controlling the market or sharing the material supplies or product diversification or availing tax benefits or synergy. Whatever the motto behind these ventures is, the ultimate result is the large scale corporation. Formation of holding company is the most popular device for achieving these objectives.
Consolidated Financial Statements of Group Companies UNIT 1 : INTRODUCTION 1.1 Concept of Group, Holding Company and Subsidiary Company It is an era of business growth. Many organization are growing into large corporations by the process of acquisition, mergers, gaining control by one company over the other company,
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: