recognized formal structure limited ability ability to pay dividends in lieu of salary separation of personal and company assets continuity of business beyond the individuals
Advantages of a Holding company
· usually possible to obtain control of another company with less investment
· only needs a controlling interest in the acquired company, not complete interest
·...
The private sector is more flexible and creative than a monolithic government-run economy, if the experice of the Cold War era is to be our guide; it is also capable of destructive and unrestrained...