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LarryBear40

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LarryBear40

Re: Cashking74 post# 18114

Tuesday, 10/06/2015 12:16:27 PM

Tuesday, October 06, 2015 12:16:27 PM

Post# of 81537
They don't receive all the benefits of the subsidiary, only their percentage ownership interest. They also don't "control" all the assets in the subsidiary if they only own 10% of the sub.

The board of directors "control" the asset and if the board is composed of directors who have been elected by 90% of the outside shareholders, those 90% shareholders "control" the asset by means of their elected directors.
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