Asked by

Angel Michalski
on Dec 02, 2024

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In widely held companies, what percentage ownership is generally enough for effective control if no one else owns more than a few percent?

A) 15%-25%
B) 50.1%
C) 30%-40%
D) 5%-10%

Effective Control

The ability to direct the strategic outcomes of a process or organization, typically through majority ownership or other mechanisms of influence.

Widely Held Companies

Corporations owned by a large number of shareholders, meaning ownership is dispersed rather than concentrated.

Ownership

The state or fact of owning something, typically referring to having the legal right and control over property, assets, or a company.

  • Become aware of the rights and claims common shareholders have within a company.
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Mickho San DiegoDec 05, 2024
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