MLchartDataset catalogue

Controlling interest

Term · Law · MLC-T-LAW-001287

A sufficient ownership stake in a corporation or other entity that allows the holder to dictate its management and policies. This typically involves owning more than 50% of the voting shares, but it can also be achieved with a smaller percentage if the remaining shares are widely dispersed. The holder of a controlling interest has fiduciary duties to the minority shareholders.

Table 1. Record
IdentifierMLC-T-LAW-001287
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001287",
  "term": "Controlling interest",
  "field": "Law",
  "definition": "A sufficient ownership stake in a corporation or other entity that allows the holder to dictate its management and policies. This typically involves owning more than 50% of the voting shares, but it can also be achieved with a smaller percentage if the remaining shares are widely dispersed. The holder of a controlling interest has fiduciary duties to the minority shareholders.",
  "url": "https://mlchart.com/terminology/law/controlling-interest/"
}

Record 1,134 of 5,439 in Law terminology (MLC-0107). Request the full dataset.