Controlling Shareholder
/kənˈtroʊ.lɪŋ ˈʃɛrˌhoʊl.dɚ/
Definitions
- (n.) A shareholder who possesses enough voting power in a corporation to influence or determine corporate decisions.
The controlling shareholder voted to approve the merger despite opposition from minority shareholders.
- (n.) An entity or individual holding a majority of voting shares or effective control over a corporation's governance.
The controlling shareholder has the authority to appoint board members and shape company policy.
Forms
- controlling shareholder
- controlling shareholders
Related terms
See also
Commentary
The term emphasizes the extent of control exercised through ownership of voting shares; legal implications often include fiduciary duties to minority shareholders.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.