The managing agency system in India, China (and Hong Kong?)
Carles Brasó: According to an article written by David M. Swan, Jardine Matheson concerns in China developed a particular kind of control method named “managing agency system”. Industrial companies were not subsidiaries of the main company but had its own shareholder structure and charter of association. They kept this system in the diverse sectors such as silk, sugar, brewing, egg processing, […]
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