A Minority Discount Is the Reduction in the Value of a Minority

question 17

True/False

A minority discount is the reduction in the value of a minority investor's investment because minority owners have little influence in how the firm is managed.

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Definitions:

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or sexual orientation rather than their qualifications or performance.

Job-Relevant

Pertains to aspects or factors that are directly applicable or significant to one's occupation or position.

Industrial Relations

The study and management of employment relationships, including interactions among employers, employees, and the institutions and laws that govern work environments.

National Legislation

Laws and regulations enacted by a country's legislative body that govern the actions of individuals, businesses, and other entities within the country.