Asked by
Angel Michalski
on Dec 02, 2024Verified
In widely held companies, what percentage ownership is generally enough for effective control if no one else owns more than a few percent?
A) 15%-25%
B) 50.1%
C) 30%-40%
D) 5%-10%
Effective Control
The ability to direct the strategic outcomes of a process or organization, typically through majority ownership or other mechanisms of influence.
Widely Held Companies
Corporations owned by a large number of shareholders, meaning ownership is dispersed rather than concentrated.
Ownership
The state or fact of owning something, typically referring to having the legal right and control over property, assets, or a company.
- Become aware of the rights and claims common shareholders have within a company.
Verified Answer
MS
Learning Objectives
- Become aware of the rights and claims common shareholders have within a company.