It may be necessary to consolidate a company in which a publicly owned investor company does not own a majority voting interest.

Question

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Even if a publicly owned investor company does not own a majority voting interest, consolidation may be necessary if the investor has the ability to exert control over the investee, typically through agreements, the ability to influence significant policies, or other mechanisms that provide the investor with control over the investee.

It May Be Necessary to Consolidate a Company in Which