Which of the following statements best describes blockholders?
A) They control 1 percent of a firm's shares.
B) Their ownership does not have to be disclosed.
C) They are considered powerful.
D) They are always corporate executives.

Question

Quizplus · Accepted Answer

Blockholders are considered powerful because they own a significant percentage of a company's shares and can influence decision-making processes. Option A is incorrect because the percentage of shares owned by blockholders can vary widely. Option B is incorrect because ownership by blockholders does need to be disclosed if it exceeds a certain threshold. Option D is incorrect because blockholders can be individuals or institutions and do not have to be corporate executives.

Which of the Following Statements Best Describes Blockholders