A subsidiary is a corporation owned or controlled by a parent company through the ownership of

Name: A subsidiary is a corporation owned or controlled by a parent company through the ownership of
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Question

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A subsidiary is considered to be an entity in which the parent company holds more than 50% of the voting stock. This ownership gives the parent company controlling interest in the subsidiary, allowing them to make decisions that affect the subsidiary's operations and financial standing.

A Subsidiary Is a Corporation Owned or Controlled by a Parent