There is a presumption that control exists where the company owns more than 50% of the voting shares of the investee.

Question

Quizplus · Accepted Answer

This is known as the "50% plus one" rule and is widely used to determine whether a company has control over an investee. When a company owns more than 50% of the voting shares, it has the power to make major decisions affecting the investee and is therefore considered to have control.

There Is a Presumption That Control Exists Where the Company