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Corporate Groups slide - 7.8 are majority owned.06 are...

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Corporate Groups in Australia At 30 June, 2007: Over 1.5 million companies registered in Australia Just over 2,000 of these are listed entities In a survey of 1,526 listed entities for 2007: On average, listed entities have 12 controlled entities A handful of companies have > 200 controlled entities (Harvey Norman had 1355 controlled entities in 2007) Most controlled entities are wholly owned
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Unformatted text preview: 7.8% are majority owned .06% are minority owned Controlled entities are incorporated in 143 foreign jurisdictions Around 45% have formed a tax consolidation group (Source: S. van der Laan and G. Dean (2010), “Corporate Groups in Australia: State of Play”, Australian Accounting Review, 20:53, pp121-133)....
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