_______ % of shares should be held by a company in another company so as to become subsidiary
A)more than 50
B)more than 40
C)more than 30
D)more than 20

Question

Quizplus · Accepted Answer

For a company to become a subsidiary of another company, the parent company must hold more than 50% of the subsidiary's shares. This majority stake gives the parent company control over the subsidiary's board of directors and thus its operations.

_______ % of Shares Should Be Held by a Company