What if the percentage is less than 40%? Could a company still exercise significant control? Why or why not?
Note: The percentages meaning the situation where a large company would purchase substantial stock of another to have some control over it.© BrainMass Inc. brainmass.com June 3, 2020, 10:56 pm ad1c9bdddf
This really depends on whether they own voting shares and how many voting shares other companies own. For example, if no other company owns more than 40% of the shares (i.e. two other companies own 20% ...
Owning 40% and exercising control in a company is examined.