Examlex
Which of the following is not an ethical breach?
Significant Influence
Refers to the capacity of an investor to affect the financial and operating policies of an investee through ownership, without having complete control.
Common Stock
A type of equity ownership in a corporation, representing a claim on a portion of its profits and assets.
Significant Influence
The power to participate in the financial and operating policy decisions of an investee, but not control those policies, typically associated with owning a significant but not majority share of the investee.
Fair Value
The price that would be received for the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
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