Fellow Enterprises Law and Legal Definition
An enterprise in one economy may be related through the Framework of Direct Investment Relationships – FDIR to another enterprise in the same economy, or in a different economy, without either being a direct investor in the other, but through both being directly or indirectly influenced by the same enterprise in the ownership hierarchy. This 'common parent' must be a direct investor in at least one of enterprises in question. Such enterprises can be considered to be related through a „horizontal‟ linkage within the FDIR – not involving FDI voting power of 10% or more – and are called fellow enterprises. It should be noted, however, that for FDI statistics, only cross-border transactions and positions between FDI-related enterprises should be recorded.
Legal Definition list
Related Legal Terms
- Activity of Multinational Enterprises
- Fascell Fellowship Program
- Fellow Servant Rule
- Fellow-Officer Rule
- Fellowship Agreement [Education]
- Fellowship Grant
- Fellowships
- Indirectly Owned Direct Investment Enterprises
- James Madison Memorial Fellowship Foundation
- Reinvested Earnings of Indirectly Owned Direct Investment Enterprises
