Significant influence is defined as owning what percent of the stock of another company?
A)15 to 60 percent
B)More than 50 percent
C)20 to 50 percent
D)75 percent

Question

Quizplus · Accepted Answer

Significant influence is generally considered to be owning between 20 to 50 percent of another company's stock. This gives the owning company the ability to have significant input and control over the decisions made by the other company, without owning a controlling majority.

Significant Influence Is Defined as Owning What Percent of the Stock