A shareholder who owns sufficient shares to outvote the other shareholders,or to otherwise set corporate policy,and thus to control the corporation is known as a _______ shareholder.

Question

Quizplus · Accepted Answer

The term "controlling shareholder" refers to an individual or entity that owns a significant percentage of a company's shares, giving them the power to control the company's policies and decisions through their voting rights. This type of shareholder has the ability to outvote other shareholders and has a large influence on the direction of the company. The other options, absolute, manipulative, and chargeable, do not accurately describe this type of shareholder.

A Shareholder Who Owns Sufficient Shares to Outvote the Other