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This Paper only takes the results achieved by Indian business corporations in fulfilling the objective of maximization of shareholders wealth, to some extent by studying the financial relationship between the holding companies and their subsidiaries. For achieving this objective, various strategies have been employed by different companies.
Growth refers to expansion, rise, progress, success, and improvement of a specific organ through development. Growth may be achieved in vertical direction or horizontal direction or both ways at a time. To what extent corporation achieves this through the route of formation and development of subsidiaries, is being traced through a financial relationship established between the holding companies and their subsidiaries...
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