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effective control

nouna situation where someone owns a large number of shares in a company, but less than 50 per cent, and so in effect controls the company because no other single shareholder can outvote him or her

Related information about effective control:
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    Definition of effective control: nouna situation where someone owns a large number of shares in a company, but less than 50 per cent, and so in effect controls ...
     
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    a. GAO. United States General Accounting Office. Internal Control. January 2003. Maintaining Effective. Control over. Employee Time and. Attendance Reporting ...
     
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