Corporate Control
/ˌkɔːrpərət kənˈtroʊl/
Definitions
- (n.) The power or authority to direct or influence the management and policies of a corporation, typically through ownership of voting shares.
The acquisition granted the investor significant corporate control over the company.
- (n.) The legal and practical mechanisms through which shareholders or other entities exercise governance over a corporation’s affairs.
Corporate control mechanisms include voting rights, board appointments, and shareholder agreements.
Related terms
See also
Commentary
Corporate control often involves both legal rights and factual influence; drafters should clarify the source and scope of control rights when defining this term in agreements.
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.