Controlling of an entity by another is NOT innocuous

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Controlling of an entity by another is NOT innocuous

by tonytran2015 (Melbourne, Australia).

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#take over, #controlling interest, #foreign control, #dual loyalty,

In the corporate world, when a foreign company holds a controlling majority in a particular company, the other shareholders in this company have to flee, and have to use Corporation Laws to protect their interests while fleeing. The foreign company must also declare its number of controlling shares when that exceeds some prescribed level of about 5%, well before the controlling may become perceptible.

When dealing with other nations controlling our own national interests we should require even better standards of protection:

1. US constituents should have the right to force their representatives to declare the ownership of their votes.

2. With modern information technology, there should be direct voting…

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