shareholding structures: the purpose is simple--to coax money out either from corrupted banks or state partners or stupid individual investors.
If they have a sound business to do and compete in a competitive market, people do not want to waste time and money in constructing complicated shareholding structures: it adds adm costs with no benefits.
Most public listed US companies have simple and straightforward structures in their 10-K filings. Of course, historically it was not the case, but strict SEC regulation changed corporate America.
