That means the best option is not to use wholely owned subsidiaries and instead have a partnership with the parent owning a large plurality but non-controlling interest (say 10 partners from various countries, with the parent owning 49.9% of the subsidiary). You can set the agenda, more or less run things how you want, but anything you try to do as shareholder can be vetoed by the other 9 acting in unison.

Is this true? genuine question - have these companies stated this or done so in the past?