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FOREIGN PARENT GROUP

Statistics Directorate    
Definition:
A foreign parent group consists of:

1) the foreign parent;

2) any foreign person, proceeding up the foreign parent’s ownership chain, that owns more than 50% of the person below it, up to and including the ultimate controller; and

3) any foreign person, proceeding down the ownership chain(s) of each of these members, that is owned more than 50% by the person above it.

Source Publication:
OECD, 2005, Measuring Globalisation: OECD Handbook on Economic Globalisation Indicators, OECD, Paris - Glossary.

Statistical Theme: Financial statistics

Created on Monday, July 23, 2007