wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A holding company is one which controls one or more other companies by means of______________.

A
Holding majority shares
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Controlling the composition of Board of Directors
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Controlling a holding company with subsidiaries
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Either (A) or (B) or (C)
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D Either (A) or (B) or (C)
A holding company refers to a company that controls one or more companies either by holding majority of share of that company or by controlling the composition of Board of Directors. The company can even control a holding company with subsidiaries shares.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon