{ bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, googletag.pubads().setTargeting("cdo_pt", "entry"); var pbMobileLrSlots = [ iasLog("__tcfapi useractioncomplete or tcloaded ", tcData, success); Until recently, it was difficult to know just how closely held Europe's companies were, because disclosure standards were lax. userIds: [{ "authorization": "https://dictionary.cambridge.org/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=&v1=&v2=&v3=&v4=english&_=RANDOM", {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, Also, if Company A holds stocks or bonds in Company B, the value of this security might be counted twice, in error, because these securities would be counted when determining the value of the company issuing the security, and again when looking over the securities held by the other company. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, So, technically, listed corporations own securities issued by other listed corporations. 'buckets': [{ Click on the arrows to change the translation direction. googletag.enableServices(); googletag.cmd.push(function() { { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, } googletag.pubads().setTargeting("cdo_ptl", "entry-mcp"); 'min': 31, The situation in which one publicly-traded company owns stock in another publicly-traded company. name: "idl_env", },{ gdpr: { { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').setTargeting('ad_group', Adomik.randomAdGroup()).addService(googletag.pubads()); } priceGranularity: customGranularity, var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, iasLog("criterion : cdo_dc = english"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, cross-shareholding definition: → cross-holding. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. expires: 365 { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, googletag.pubads().setTargeting("cdo_tc", "resp"); iasLog("criterion : cdo_pc = dictionary"); pid: '94' { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, A company is an organization and legal entity set up by a group of people for the purpose of operating either a commercial or industrial business enterprise. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, 'increment': 0.5, { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, 'increment': 0.05, } { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, 'max': 30, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, } The biggest issue with cross-holding is that the value of equity for each company is double-counted, leading to a wrong valuation. } { bidder: 'sovrn', params: { tagid: '387232' }}, googletag.pubads().setTargeting("cdo_l", "en"); { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, Companies that have cross-holdings, also known as cross-shareholdings, are susceptible to confusion and management holdout in cases of company mergers and acquisitions (M&A) because one company might refuse consent to the other, and vice versa. { bidder: 'sovrn', params: { tagid: '387232' }}, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. https://financial-dictionary.thefreedictionary.com/Cross-share+holdings, The new Citizen connection was announced about two months after Citizen reported a, Large Japanese companies have developed their own form of outsourcing, binding in long-term vendors with, Even after adjusting for certain accounting differences (primarily with respect to depreciation allowances) and the prevalence of, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Specialty lathe builders citizen, Miyano in new stock alliance, Japan Third Party--the value of being bilingual and bicultural: how a niche player has worked its way into the Japanese back offices, with the help of some of the world's best-known technology brands, Statement by Alan Greenspan, Chairman, board of governors of the Federal Reserve System, before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, April 17, 1992, Cross-Strait Interflow Prospect Foundation. }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, An example of cross-holding is Warren Buffett’s Berkshire Hathaway (BRK-A). googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); }; iasLog("criterion : cdo_l = en"); type: "html5", { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, addPrebidAdUnits(pbAdUnits); The offers that appear in this table are from partnerships from which Investopedia receives compensation. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}];