Question

For a company to be subsidiary the other company should hold ________% of shares.

• A. more than 50
• B. more than 40
• C. more than 30
• D. more than 20

Answer 1

The correct option is A more than 50

A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company. Ownership is determined by the percentage of shares held by the parent company, and that ownership stake must at least 51%.