To begin with, it's by no means certain that promises of prosperity will be kept. Just look at the rosy picture that was painted about the Essar group when that group went to the global market for money. And consider the situation today, the group is in desperate trouble. We won't go into why the group is in trouble, but for the purpose of this comment this example is enough to show that companies that raise funds abroad don't always deliver on their promises. The second point is more important.
Companies have to have the freedom to raise funds in the fastest, cheapest and most flexible way.
Or in the way they think is best suited for them for various strategic or tactical reasons. Forcing them to comply with all sorts of idiotic regulations that have been created for extra-mural purposes only acts as a hindrance to efficiency. We talk of improving productivity and efficiencies in manufacturing. The production line is so tangible, you can see the need for improvement. But manufacturing is not the only, sometimes not even the main, function of a business.