It is not possible to have significant influence over another corporation without owning at least 25% of the outstanding voting shares.

Question

Quizplus · Accepted Answer

While owning 25% of the outstanding voting shares may give a significant level of influence, it is possible to exert influence over another corporation through other means such as board representation or strategic partnerships. Additionally, different jurisdictions may have different thresholds for what constitutes significant influence.

It Is Not Possible to Have Significant Influence Over Another