Asked by
Akash Patel
on Nov 18, 2024
Verified
The company whose stock is more than 50% owned by another company is called the
A) controlling company
B) investee company
C) subsidiary company
D) sibling company
Subsidiary Company
A company that is controlled by another company, known as the parent company, through majority ownership or significant influence.
Investee Company
A company in which an investor holds a significant interest but not controlling stake.
- Gain an understanding of the framework encompassing parent and subsidiary corporations.
Verified Answer
KD
Learning Objectives
- Gain an understanding of the framework encompassing parent and subsidiary corporations.