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Which of the following is not true about corporate ownership over the world? Majority of large publicly registered firms in the United States are controlled

image text in transcribed Which of the following is not true about corporate ownership over the world? Majority of large publicly registered firms in the United States are controlled primarily by pyramidal owners as is the case in East Asia. Pyramidal ownership often allows a small group of individuals such as the founder's family to use the holding company they control to own a controlling block of another company, with examples including Hutchinson Whampoa and Samsung Electronics. Equity cross-holdings, where a group of companies affiliated with the same family/ownership has voting rights for one another, is commonly used for keiretsu companies in Japan and chaebol companies in Soutr Korea, which tend to be controlled by the founding family or a small group of company insiders. None of the above (all of the above statements are correct)

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