Simple English definitions for legal terms
Read a random definition: reconciliation agreement
A controlling shareholder is a person or entity that has the power to influence the decisions and activities of a company because they own a significant portion of its shares. This can be either a majority shareholder who owns more than half of the company's stock or a minority shareholder who owns a smaller percentage but has a significant number of shares.
These examples illustrate how a controlling shareholder can have a significant impact on a company's operations and decision-making processes. They have the power to sway votes and make decisions that can affect the company's future direction and success.