Why do many parent corporations prefer to own 100% of the shares of their subsidiaries, rather than

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Why do many parent corporations prefer to own 100% of the shares of their subsidiaries, rather than smaller proportions? What advantages are there to a parent in owning less than 100% of its subsidiaries?

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Advanced Financial Accounting

ISBN: 978-0137030385

6th edition

Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay

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