A controlling interest enables the investor to elect a majority of the members of the investee's board of directors and thus control the investee's policies.

Name: A controlling interest enables the investor to elect a majority of the members of the investee's board of directors and thus control the investee's policies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A controlling interest gives the investor the power to elect a majority of the board of directors and therefore have control over the investee's policies.

A Controlling Interest Enables the Investor to Elect a Majority