What is it about?
The ownership of Indian companies is vested in the hands of few promoter groups and is highly concentrated. The top 1% holds majority of the shares through pyramid and cross holding structures.
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Why is it important?
The study shows the amount of wealth concentrated in the hands of few people
Perspectives
We think the article will make people realize the extent of wealth concentration that is leading to poverty and inequality.
Associate Professor Shijin Santhakumar
Pondicherry University
Read the Original
This page is a summary of: Ownership and Control of Widely and Closely Held Firms in India, Vision The Journal of Business Perspective, November 2017, SAGE Publications,
DOI: 10.1177/0972262917738895.
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