A corporation that has voting control of one or more other corporations is called a ________.
A) holding company
B) congeneric formation
C) subsidiary
D) target firm

Question

Quizplus · Accepted Answer

A holding company is a corporation that has voting control over one or more other corporations. Holding companies usually do not produce goods or services themselves but instead control and manage subsidiary companies that do.

A Corporation That Has Voting Control of One or More