Equity holder of a company who does not have the voting control of the company, by virtue of his or her below fifty percent ownership of the company's equity capital, termed as:

CS Executive · Corporate and Management Accounting · PYQS · December 2019
Equity holder of a company who does not have the voting control of the company, by virtue of his or her below fifty percent ownership of the company's equity capital, termed as:
(A) Small shareholder
(B) Minority shareholder
(C) (A) or (B) Both
(D) None of these options

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Company Law / Corporate Governance

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