Many Corporations Own More Than 50% of the Voting Stock

question 79

Essay

Many corporations own more than 50% of the voting stock in other corporations. Sometimes these affiliated companies operate within the same industry, and many times the companies are in unrelated industries.
Required:
What is the significance of owning more than 50% of the voting common stock of another company?

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Definitions:

Parallel Construction

The use of consistent grammatical structures in a sentence or series of sentences to improve readability and coherence.

Noun Sequences

A series of nouns placed together, often to describe a complex concept, which can sometimes make the text harder to read or understand.

Hedging Sentence

A statement made with cautious language to lessen the impact of an assertion or to express uncertainty.

Performance

The act of carrying out a task or function, often evaluated in terms of effectiveness, efficiency, or achievement of objectives.