Economic concentration through inter - corporate investments

Corporate sector controls about 90 per cent of the organised sector of the economy. Indirect control of the corporate sector over the economy is all pervasive. The resources at the disposal of the corporate sector are the material resources of the community. In actual practice, however, a few business houses have the real command over these resources. How these resources are virtually owned by a few without in any way allowing it to appear that they are so owned, how control is exercised over the disposition of these resources without any direct or ostensive proof of control, and how they are allowed to grow claiming ever larger share of the totality of national resources without any substantial effort, are interesting subjects which can be investigated only by means of a painstaking study.
For the first time an attempt is made, in this book, not only to identify the few business houses which virtually control the entire corporate sector but also to trace the process by which such control is excercised and continuously augmented, almost like the expanding universe.
The present study, which ropes in twenty two big business houses, gives an insight into the modus operandi of extending control over more and more companies via inter-corporate investments and thereby claiming an ever larger share of national resources. The book makes the interesting revelation as to how a small nucleus of investment can be made to grow exponentially over the years with the advantage afforded by the equity-debit ratio and the availability of finances by public financial institutions to accelerate the process of expansion. The study makes a useful contribution to analytical study of corporate economics for the benefits of those working in the corporate sector as well as students, policymakers and academicians.