INDIRECT SHAREHOLDING Definition

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INDIRECT SHAREHOLDING is when one entity directly holds shares of another entity that owns shares of a third but different entity, for example, Shareholder A would have an indirect shareholding of Company C if Shareholder A directly owns shares of Company B while Company B owns shares of Company C.

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RETURN ON NET WORTH see RETURN ON STOCKHOLDERS EQUITY.

RELEVANT RANGE is the range of activity over which changes in cost are of interest to management

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