Having more than 50% ownership position that provides the entrepreneur with managerial control is called
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Having more than 50% ownership position that provides the entrepreneur with managerial control is called as Majority Interest .
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It is called majority interest. It is also called controlling interest.
Acquisition of more 50% ownership by an individual or an organization creates the power of voting too for that individual/organization.
A controlling interest is an interest by ownership in a company with sufficient voting stock shares to succeed in any bondholders' motion.
Ownership control is described as managerial control in an organization.
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