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LSDefine

Simple English definitions for legal terms

controlling shareholder

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A quick definition of controlling shareholder:

A controlling shareholder is someone who owns a lot of shares in a company and has the power to make important decisions. They can do this because they either own more than half of the company's shares or they own a significant number of shares that are spread out among many other people. This means they can influence what the company does and how it operates. It's important to note that not all shareholders have this kind of power, and some may only own a small portion of the company.

A more thorough explanation:

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.

  • Majority shareholder: John owns 60% of the shares in XYZ Corporation, which gives him the power to control the company's management and make important decisions.
  • Minority shareholder: Sarah owns 10% of the shares in ABC Corporation, but because the remaining shares are widely distributed among many others, she still has a significant influence on the company's activities.

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.

controlling person | control person

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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