What is the meaing of holding Holding company?Give one example?
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Answer / syed iliyas
The company which gain the authority to manage the other
company by creating its own board of directors by owning
the voting stock of 51% is called the holding company
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / anand gurrala
A company Which owns majority voting stock (i.e. 51%)in
another firm to control management and operations by
influencing, or electing its board of directors. also
called parent company.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / selma maria
Holding company is one which have control over another
company.This controllig power is mainly because of 2
factors:-
1 The former company holds more than 50% of the share
capital in the later company
2Majority of Board of Directors belong to the former company
| Is This Answer Correct ? | 1 Yes | 0 No |
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