“If a person owns 80% of the shares in a company then they can make any...

60.1K

Verified Solution

Question

Accounting

“If a person owns 80% of the shares in a company then they canmake any changes they like to the company’s constitution.”REQUIRED: Critically discuss, stating whether you agree or disagreewith the above

Answer & Explanation Solved by verified expert
4.5 Ratings (841 Votes)
I disagree with the statement although A controlling interest is when a shareholder or a group of persons acting in kind holds a majority of a companys shares giving it significant influence over any corporate actions A company constitution is an process of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students