A company that owns more than 50% of the common stock of another company is known as the:

Question

Quizplus · Accepted Answer

A company that owns more than 50% of the common stock of another company is known as the parent company. This means that the parent company has control over the subsidiary company's operations. The subsidiary company is typically run independently, but the parent company may have a significant influence on its decisions.

A Company That Owns More Than 50% of the Common