Private Equity: A new role for finance? C.P. Chandrasekhar

Given that a substantial proportion of companies in Asian developing countries are either unlisted or have a small proportion of free-floating shares,  the surge in investments by private equity firms suggests that foreign acquisitions could increase in the region sharply. With foreign investors controlling a rising share of total assets, the ability of domestic forces and the domestic State to influence the pattern and pace of growth of domestic economic activity would be substantially eroded.

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